Ronald Wayne
Leadership›Founders

Ronald Wayne

Co-founder (left after 12 days)

The third co-founder of Apple, who drew the first logo and wrote the founding partnership agreement before selling his stake days later.

Current At Apple: 1976

Biography

Ronald Gerald Wayne was working as a draftsman and engineer at Atari when he met Steve Jobs, who was a colleague there. In 1976 Jobs and Steve Wozniak asked him to act as a senior adult voice in their new venture, and Wayne became the third partner in Apple Computer when the partnership agreement was drawn up on April 1, 1976. He typed the contract himself, and it gave him a 10 percent share.

Wayne also produced the earliest Apple artwork: a pen-and-ink drawing of Isaac Newton sitting under an apple tree served as the company's first logo. He also wrote the manual for the Apple I. A few days after the agreement was signed, concerned that the partners' personal liability for company debts could expose his own assets, he withdrew from the venture. He received 800 dollars for his stake and, a year later, 1,500 dollars to give up any further claims.

Wayne continued working in engineering and design and later ran a stamp and coin business. He has said he does not regret the decision given the risk he saw at the time, though he has described selling his copy of the contract for a small sum as a mistake. The original agreement later sold at auction for about 2.5 million dollars. He published an autobiography, Adventures of an Apple Founder, in 2010.

Profile

Born
May 17, 1934
Birthplace
Cleveland, Ohio, USA
Role at founding
Third partner; drew the first logo, wrote the agreement
Stake
10 percent, sold for US$800
Memoir
Adventures of an Apple Founder (2010)

Career timeline

1976
Signs the partnership agreement on April 1.
1976
Withdraws from the company about two weeks later.
2010
Publishes his autobiography.