Create an Account
username: password:
 
  MemeStreams Logo

RE: ajc.com | Business | Modem moguls' paths diverge

search


RE: ajc.com | Business | Modem moguls' paths diverge
by flynn23 at 10:12 am EST, Dec 2, 2003

inignoct wrote:
] Who knew? Some of us here must live within a mile of Hayes'
] old house. I had no idea.
]
] Man, what a sad story.

What's more sad is that happens more often than not. Apple Computer? Steve Wozniak left the company in the early 80s worth nearly a billion dollars (a LOT of money back then), but spent 100's of millions on failed projects.

Cisco Systems? The original founders were forced out by the lead investor. They got $10M. Value of their holdings today? Nearly $40B!

The tech industry landscape is littered with stories of founders who crashed one way or another. Very rarely are the stories of Jobs, or Gates. Usually the big winners are things like "Paradise Fund IV, LLP."

RE: ajc.com | Business | Modem moguls' paths diverge


 
 
Powered By Industrial Memetics