mattaroo on Nostr: This is extraordinary. This is perhaps the worst sale of all time. Apple's 3rd ...
This is extraordinary. This is perhaps the worst sale of all time. Apple's 3rd co-founder, Ronald Wayne, sold his 10% stake for $800 in 1976. Even in 1976, $800 wasn't that much money. $800 in 1976 is equivalent to approximately $4,496.30 in 2025, adjusted for inflation. This reflects an average annual inflation rate of about 3.59% over the 49 years, resulting in a cumulative price increase of roughly 462.04%.
Published at
2025-05-05 15:07:41Event JSON
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"content": "This is extraordinary. This is perhaps the worst sale of all time. Apple's 3rd co-founder, Ronald Wayne, sold his 10% stake for $800 in 1976. Even in 1976, $800 wasn't that much money. $800 in 1976 is equivalent to approximately $4,496.30 in 2025, adjusted for inflation. This reflects an average annual inflation rate of about 3.59% over the 49 years, resulting in a cumulative price increase of roughly 462.04%.\n\n https://image.nostr.build/e8e2a1cb79fe48d2c3a6a156596b26328aefb00acb14ffbfd0e6287261b1cded.png",
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