On this day in 1980: Apple went public.
The stock has since risen 69,000%.
In Massachusetts, the IPO was considered too risky for investors.
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In 39 years, but how many can wait for such a long time ?
Also patience wears thin when you see events like Steve Jobs being removed, Mac failing to capture PC market, Newton tablet failing, growth of Microsoft . Real gamechanger /turn aroud for Apple was the launch of iPhone.
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"I was worth about over a million dollars when I was 23, and about 10 million dollars when I was 24, and over a 100 million dollars when I was 25. And... It wasn't that important. Because I never did it for the money." - Steve Jobs, 1996
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Interesting. Didn’t know a government interfered the free market. Thanks.
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'Be greedy when others are fearful.' Quote from you know who.