Comment by outside1234
Comment by outside1234 9 days ago
And Apple stole a UI from Xerox Parc. Open AI stole everyone's content.
This is how the industry innovates
Comment by outside1234 9 days ago
And Apple stole a UI from Xerox Parc. Open AI stole everyone's content.
This is how the industry innovates
> Xerox bought shares in Apple at $10/share[0], selling about a year later at $22/share.
> [0] https://web.stanford.edu/dept/SUL/sites/mac/parc.html
I searched the cite for the 'share', '10', '22', 'sold, 'sell', 'bought', 'buy', 'purchase', and found nothing. ?
Apologies, I was juggling multiple sources. The Xerox VC investment into Apple is a matter of public record, the figure of $10/share is widely quoted, including in the Walter Isaacson biography of Steve Jobs[0].
Exactly how and when Xerox disposed of its shares is not public record, but it's known to be around that timeframe and certainly Xerox made a profit. The book _Dealers of Lightning_ goes into more detail about the deal if you're interested[1].
[0] https://www.cnbc.com/2018/05/21/why-your-computer-has-a-mous...
[1] https://www.goodreads.com/book/show/1101290.Dealers_of_Light...
This is a myth. Jobs negotiated access to PARC technology as part of a deal in which Xerox bought shares in Apple at $10/share[0], selling about a year later at $22/share. Those shares would be worth around $5 billion today.
Xerox did later sue Apple for IP infringement, however most of their claims were dismissed[1].
[0] https://web.stanford.edu/dept/SUL/sites/mac/parc.html
[1] https://arlingtonmnnews.com/articles/bits-and-bytes/xerox-ve...