2min chapter

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#19 Becoming Steve Jobs

Founders

CHAPTER

Bill Gates Quotes - Steve Jobs and Pixar

This is a quote from Bill Gates. Like many others, Bill Gates was astounded by what Steve had been able to negotiate. Just look at how much of the resulting company ends up being owned by this fairly small and yes, very high tech, very brilliant animation studio. So what Steve Jobs is talking about is they're doing a stock deal so they wind up owning a large part of Disney. They end up owning a very substantial percentage of the entire Disney ABC ESPN entity. It's owned by a little animation studio, exclamation point. That took three rounds of negotiations and by the time the acquisition is being done, Disney is just flat on its back saying, take me.

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