Paul Graham said he wants the next Steve Jobs, but is he willing to put $1,087,052.02 2012 dollars in two guys with no background working with hardware at their parents garage like the two Steves in 1977?
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Answer:
Okay, I feel "two guys with no background working with hardware, working at their parents garage" might be an over simplification: 1) Steve Wozniak had attended UCB, which even to this day remains one of the finest schools to pursue engineering 2) Steve Jobs had worked at Atari and Steve Wozniak had worked at HP so they had some background in hardware and computers. 3) I am guessing by 1 million+ 2012 dollars, you are referring to the investment in Apple made by Mike Markkula in '76. (I am not 100% sure on this but most likely) this investment came somewhere between the release Apple I and Apple II. Thus, the company had already had some success, albeit little as compared to Apple II, with Apple I. 4) Back in the day, the Homebrew Computer Club in the valley played a huge role in acting as a meeting ground for computer enthusiasts. Both Steve Jobs and Steve Wozniak had been attending their meetings regularly and had earned some repute with Apple I and Apple II (sources: Wikipedia articles on History of Apple Inc, Steve Wozniak, Apple I)
Nihit Desai at Quora Visit the source
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