Return With Full Load -- A Classic Case Of Apple Corp

In 1976, Jobs, 21, and 26 year old worth of the company decided to set up his own company to produce his own Apple Com puter Inc.

He won the support of a 38 year old millionaire.

The former retired from Intel, who worked together with Jobs and Mr worth, spent two weeks developing a Apple Com puter Inc business plan.

Magura invested $91 thousand in his own investment and secured a US $250 thousand loan from the US commercial bank.

Then, together with the Apple Corp's business plan, the three men visited the venture capitalists who met with Mr Ma, and finally raised $600 thousand in venture capital investment.

Magura served as chairman of Apple Corp and vice chairman of Jobs. He served as deputy general manager of research and development, and general manager was Scott, a production expert recommended by Magura.

In April 1977, Apple Corp launched the first public product, apple two, with sales of 2 million 500 thousand US dollars in 1977, 117 million US dollars in 1980, and 583 million US dollars in 1982, making it one of the 500 largest companies of happiness.

This is the first time that a new business has entered the list of 500 big companies in happiness within five years.

In December 12th 1980, the Apple Corp initial public offering (IPO) issued 4 million 600 thousand shares at a price of $22 per share, raising $101 million.

Jobs, Ma Gu La, Jobs and Scott have 40% of the shares of Apple Corp. Among them, Jobs owns 7 million 500 thousand shares, worth 165 million US dollars, and has 7 million shares, worth 154 million US dollars. She has 4 million shares, worth 88 million US dollars, Scott owns 500 thousand shares and is worth 11 million dollars.

The venture capitalists who cast their bets at the Apple Corp have all received substantial returns.

Arthur Roque spent $57 thousand and 600 in 1978, buying 640 thousand shares at a price of nine cents per share. The initial public offering price was 14 million dollars and appreciated 243 times.

And the initial $91 thousand has been appreciated by 1637 times.

Apple Corp is a successful case of venture capital.

The company's initial public offering gave investors a full return.

This is the ideal result of venture capital.

From the successful experience of Apple Corp, we can see that the exit policy of venture capital is the key to obtain high returns.