Livingston: Did you...
Livingston: Did you ever get any investment from Mike Markkula?
Wozniak: $250,000. What he did was $80,000 of it was investment for an equal
share to Steve and I, and the rest was a loan, paid back to him.
Livingston: And that’s all Apple ever took?
Wozniak: Yeah. But we did right away meet with some people he’d met
through Intel that were investment people. Hank Smith of . . . I can’t remember
the name of the company out of the East, but a venture group. They came
in and met us all early on, and they did put in . . . Mike figured out that we were
going to need some cash, we were going to be so fast growing. And when you
are fast growing, you need more cash right away. So we did have a venture deal
in place from well before we shipped an Apple II. And sometime after we were
shipping the Apple IIs, we got, I think, $800,000 or $300,000—some large
amount—from one venture capital place.
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