The Woz on employee equity

by danyaneering

“If somebody is sitting there working till 2:00 a.m. with you, helping to write a little code, and says ‘Wow, that is a cool one,’ those words mean a lot to you and they deserve something. So I gave each of those five [early Apple employees] a large amount of stock, probably a million dollars in that day. And that was an early day for a million dollars.”

– Steve Wozniak, “Founders at Work” by Jessica Livingston

Advertisements