Apple's Steve Wozniak Says He Co-Founded the Tech Giant After 5 Rejections from HP—Not to 'Make Money.' For Years, His Paycheck Was Just $50

Together with Steve Jobs and Ronald Wayne, Steve Wozniak set Apple on a path toward changing the world in 1976, when the trio officially founded the computer company.

Apple's Steve Wozniak Says He Co-Founded the Tech Giant After 5 Rejections from HP—Not to 'Make Money.' For Years, His Paycheck Was Just $50

TL;DR

  • Steve Wozniak co-founded Apple with Steve Jobs and Ronald Wayne in 1976.
  • He sold his stake in Apple early, stating he did not want to be near money as it could corrupt values.
  • Wozniak was initially driven by a desire to bring his personal computer idea to life and gain admiration from fellow engineers, not to make money.
  • He pitched his personal computer idea to Hewlett-Packard five times without success before deciding to strike out on his own with Jobs.
  • Wozniak gradually sold much of his stock in the 1980s, giving some shares to employees and money to charity.
  • He worked for Hewlett-Packard and was later offered a job there, but instead pursued his own venture.
  • Wozniak had a long-standing skepticism toward wealth accumulation, having worked for pennies typing term papers and tutoring students.
  • He remained on Apple's payroll even after stepping back from full-time involvement in 1985, receiving a small weekly paycheck.
  • Wozniak prioritized education and eventually completed his degree at UC Berkeley under an alias.
  • He also fulfilled a dream of teaching, spending a decade teaching computing to elementary and middle school students.
  • Wozniak advises graduates to take unconventional paths and not be afraid to pursue different opportunities.