How Steve Jobs Nearly Sold Out Apple For $5 Billion
发布时间 2021-08-16 19:00:21 来源
摘要
Buying a company like Apple in 2021 is unthinkable given their insane valuation in the trillions. But, in the late 1990s, the situation with Apple was much different. Apple was barely getting by and they were tethering on the brink of collapse. During this dire situation, Larry Ellison, the founder of Oracle, would actually propose the idea of buying the entire company together for $5 billion. Though Steve was okay with the idea in the beginning, he soon changed his mind and wanted to save Apple using a more convoluted plan. Larry would agree to follow Steve’s plan, but soon enough, Apple stock would fall even further giving the company a valuation of just $1.82 billion. Larry would offer to buy the company once again, but Steve declined this offer as well. Instead, Steve Jobs would take in an investment from Microsoft to keep Apple afloat. This video explains how Larry Ellison nearly bought Apple for $5 billion and why Steve Jobs refused to take his offers.
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Timestamps:
0:00 - Larry’s Offer
0:47 - Steve’s Situation
3:40 - Saving Apple
6:37 - Saving Apple Steve’s Way
8:42 - Deal With The Devil
9:54 - Alternate History
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Resources:
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