In 1976, an Atari engineer named Ron Wayne took a 10% ownership stake in a new technology startup created by a pair of fellow co-workers, meant to serve as the tiebreaker in the ambitious triumvirate.
The enterprise showed early potential, but Wayne became concerned that should the young venture flounder, he would be personally liable for the company’s debts as well. So, he cashed out his 10% stake for $2,300.
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