Steve Wozniak explains why he gave $10 million of his own shares to early Apple employees after IPO
14 May 2024 · 1 min

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Steve Wozniak gave $10 million of his Apple shares to early employees after the IPO because he wanted them to feel like owners. Hewlett-Packard's profit-sharing model inspired him. He distributed stock across marketing and engineering, with larger gifts to young contributors, including high-schoolers who wrote early code.
Questions this video answers
Five.
Quarterly profit-sharing that included giving employees stock.
Almost everybody in the company at certain levels in marketing and engineering, plus large amounts to a few key young people (including high-school students).










