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Pixar's Movie Journey
- Steve Jobs bought Pixar, intending to use it as a stepping stone for movie production.
- Pixar's short film won an Academy Award, leading to a deal with Disney for their first 3D animated film, Toy Story.
Pixar's IPO and Disney Stock
- Steve Jobs took Pixar public after Toy Story's success, using the capital to renegotiate their deal with Disney.
- This strategic move secured Pixar's financial future and significantly increased Jobs's wealth through Disney stock.
Learning from Pixar's Success
- Toy Story's success taught Jobs the value of empowering creative teams.
- This experience marked a turning point, leading him to adopt a more hands-off approach at Apple.