Monday, May 16, 2016

Larry and Steve’s Plans to Save Apple

Larry Ellison (via Ole Begemann):

“My idea was simple, buy Apple, and immediately make Steve CEO. Apple wasn’t worth much back then, about $5 billion dollars. We both had really good credit and I had already arranged to borrow all of the money. All Steve had to do was say yes.

“Steve proposed a somewhat more circuitous approach. First, persuade Apple to buy NeXT computer, then Steve would join Apple’s board and over time the board would recognize that Steve was the right guy to lead the company.

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