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b"Ronald Wayne sold his 10% stake in Apple to Steve Jobs and Steve Wozniak on 12th April, 1976 - having been a co-founder of the company just 11 days earlier. He received back his initial investment of $800, which would now be worth over $1 billion.\\nHowever, despite this often being cited as one of the worst business decisions in history, Wayne maintains that he made the right decision - because, as the \\u2018adult in the room\\u2019, his personal assets had been on the line had the burgeoning computer company gone into administration.\\xa0\\nIn this episode, Arion, Rebecca and Olly explore Wayne\\u2019s suggestion that he would have become the \\u2018richest man in the cemetery\\u2019 had he stayed on-board; check out his original logo - which looks more like a woodcut than an iconic brand design; and reveal a further disastrous financial calculation he made after Apple became a household name\\u2026\\nFurther Reading:\\n\\u2022 \\u2018Apple at 40: The forgotten founder who gave it all away\\u2019 (BBC News, 2016): https://www.bbc.com/news/technology-35940300\\n\\u2022 \\u2018Apple\\u2019s lost founder: Jobs, Woz and Wayne\\u2019 (The Mercury News, 2010):\\nhttps://www.mercurynews.com/2010/06/02/apples-lost-founder-jobs-woz-and-wayne/\\n\\u2022 \\u2018Meet Ronald Wayne, The Forgotten Third Co-Founder Of Apple\\u2019 (Inside Tech, 2017): https://www.youtube.com/watch?v=fWuCPsnWWig\\nLove the show? Join\\xa0\\U0001f334CLUB RETROSPECTORS\\xa0\\U0001f334 to DITCH THE ADS and get an additional full-length episode every SUNDAY!\\nPlus, get weekly bonus bits, unlock over 70 bits of extra content and support our independent podcast.\\nJoin now via\\xa0Apple Podcasts\\xa0or\\xa0Patreon.\\xa0Thanks!\\n\\xa0\\nWe'll be back tomorrow! Follow us wherever you get your podcasts:\\xa0podfollow.com/Retrospectors\\n\\xa0\\nThe Retrospectors are Olly Mann, Rebecca Messina & Arion McNicoll, with Matt Hill.\\nTheme Music: Pass The Peas. Announcer: Bob Ravelli. Graphic Design: Terry Saunders. Edit Producer: Sophie King.\\nCopyright: Rethink Audio / Olly Mann 2023.\\n Hosted on Acast. See acast.com/privacy for more information.\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices"