Back in late November we mentioned that the founding documents for Apple were going to hit the auction block. These are the documents that started the tech company back in 1976. The documents have the signature of Steve Jobs, Steve Wozniak, and Ronald Wayne on them. When the auction was first reported the thought was that the documents might bring somewhere in the range of $150,000.
That estimate was very low compared to what the docs actually went for at the auction. The buyer of the documents was Eduardo Cisneros, CEO of Cisneros corporation. He plunked down $1,594,500 for the documents, roughly ten times the price that was expected. Cisneros was very happy with his purchase as well and tweeting that he was happy to own a part of American and world history.
Among the documents that the purchase included was the document outlining perhaps the worst business decision in the tech world. The documents including the filing where Wayne pulled out of Apple for only $800 is part of the collection of documents.