3min chapter

Founders cover image

#5 Steve Jobs

Founders

CHAPTER

Perot to the Rescue

In late 1986, Steve Jobs sent out a proposal to venture capital firms offering a 10% stake in next for $3 million. Ross Perot was the Bantam Texan who had founded electronic data systems then sold it to General Motors for $2.4 billion. He instantly identified with Jobs and his gang, so much so that as he watched them on television he said, I was finishing their sentences for them.

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