Apple co-founder Steve Wozniak was the engineer while the late Apple co-founder Steve Jobs was the businessman. When it comes to Facebook co-founder and CEO Mark Zuckerberg, who turned 28 today, Wozniak believes Zuckerberg is a combination of himself and Jobs, meaning he has both the technical abilities that Wozniak has, as well as the vision that Jobs had.
"I was thankful to have a partnership with Steve Jobs and I see Mark Zuckerberg closer to the combination of us," Wozniak told Bloomberg. "When he speaks he speaks with a lot of idealism for the users and a lot of good ideas for the product overall. Very admirable."
I would have to disagree. Zuckerberg certainly helped write a lot of the initial code for Facebook, but a lot of that doesn't exist anymore. In fact, Zuckerberg barely programs anymore, at least when it comes to Facebook. No, I would say Zuckerberg is much more like Jobs than he is like Wozniak.
As for the Facebook initial public offering (IPO), Wozniak was asked if he would invest in the social networking giant. "I would invest in Facebook and I don't care what the opening price is," he told Bloomberg. "I would just for good reasons, especially if I was an investor looking to make money."
His statement implies he won't invest, but that's because he's not looking to make money. Two others famous figures recently said they wouldn't invest in Facebook, but for very different reasons:
- Warren Buffett advised Mark Zuckerberg, won't buy Facebook shares
- Reddit co-founder refuses to invest in Facebook, cites CISPA
Wozniak also praised Facebook for staying private until it was forced to go public, something Zuckerberg was very keen on avoiding. The company's IPO was triggered by a section of the 1934 Securities and Exchange Act known as "the 500 rule" – once a private company has more than 500 investors, it must begin releasing quarterly financial information to the U.S. Securities and Exchange Commission (SEC). Once the SEC gets the IPO filing, there's no turning back.
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