David Rosenthal: belief

Transcript context

…We should say, Don got to know Jobs a little bit at that company, but did not have the impression that this was a venture backable guy at this point in time. I believe his quote on Steve Jobs was that he looked like Ho Chi Minh. Mike, the two Steves had brought on as the first president and it turns out Mike used to work for Don back in Fairchild and National. Don gets wind of the company, he meets with them, and Don also knew a very important guy in Apple's history, Mike Markkula also used to work for Don back in the semiconductor days, and Don sends him to the company with the intention that Markkula is going to replace Mike Scott as the president to run the company. Ultimately though, as Trip talked about, Markkula makes a brilliant decision and says, “I don't actually want to run this thing day-to-day. I want to be the chairman and really help these guys,” but regardless, this is the perfect example of Don’s company-building at work and management team recruiting. On the back of this, Apple raises their first venture capital around of just over $500,000. Interestingly, the lion’s share, the capital comes not from Sequoia but from Venrock which does a little over $250,000. Don and Sequoia do $150,000, and Arthur Rock does the balance. Apple is off to the races and they really, as we've chronicled many times and we’ll continue to chronicle the future, invent the personal computer and usher that wave of technology in. Two years later though, this is the… David’s sigh there comes heavily.…

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