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Re:How Steve Jobs Became a Billionaire by endemic on Thursday November 03, 2016 @12:12PM (#12865235)
He failed hard with NeXT. 3 out of 4 ain't bad I guess.
Re:How Steve Jobs Became a Billionaire by spitfire on Thursday November 03, 2016 @02:28PM (#12866579)
Well, except that NeXT bought apple.

(Look at the board/exec composition pre/post acquisition)

Re:How Steve Jobs Became a Billionaire by harmegido on Thursday November 03, 2016 @12:29PM (#12865418)
Failed hard by selling a company for a couple hundred million?
Re:How Steve Jobs Became a Billionaire by creeble on Thursday November 03, 2016 @12:44PM (#12865577)
Over 400 invested. Ask Ross Perot about the success of NeXT.
Re:How Steve Jobs Became a Billionaire by fragmede on Thursday November 03, 2016 @01:12PM (#12865859)
There's the business end of things; Ross Perot himself "only" invested $20 million and got just shy of $70 million out of it when it was finally sold.

Total failure. If you squint hard enough with VC eyes, they can almost convince you that $70 million is a terrible amount of money.

And then ask Apple where OS X comes from. Ask any iOS developer about Objective-C (though not invented by NeXT, it certainly helped popularize it). Ask the wider world about object oriented programming.

If you can see past the bottom of the balance sheet and beyond the next quarter, NeXT lives on, despite not achieving commercial success.

Re:How Steve Jobs Became a Billionaire by dennisgorelik on Sunday November 06, 2016 @08:39AM (#12884991)
Actually - much more:

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https://en.wikipedia.org/wiki/NeXT#1996.E2.80.9397:_Apple_me...

Apple paid $429 million in cash, which went to the initial investors and 1.5 million Apple shares, which went to Steve Jobs, who was deliberately not given cash for his part in the deal.

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