Khanoisseur 🐶🤦🏻‍♂️🌎 @Khanoisseur Nonpartisan fact-checks + analysis of news (+ 🐶 pics). *Turn notifications on* (Podcast coming). Stuff for @Google @Twitter @Uber @Facebook @Tesla Jun. 11, 2019 1 min read

Er it wasn’t so straightforward - Jobs paid LucasFilm $5 million for Pixar, which was called Graphics Group at the time. He then invested millions of his own money into the company and at one point considered selling it to Microsoft, until he struck it big with Toy Story in 1995.

2. Toy Story, the first feature-length computer animated film, premiered during the 1995 Holiday season. Thanks to a clever distribution deal Steve Jobs struck with Disney, Toy Story went on to make $360 million worldwide. Pixar went public shortly afterward at $22/share.

3. It took a long time for technology to catch up and fulfill Steve Jobs’ vision of transforming Pixar into a major graphics production company. In the meantime, he kept making blockbuster movies for Disney, and kept Pixar afloat with his own $ (would never say how much).

4. After years of making successful movies for Disney, Pixar was finally acquired by the media giant for $7.4 billion in 2006.

Steve Jobs became the largest Disney shareholder, holding about 7% of the company's shares. And then he came up with the iPhone, iPad, MacBook Air…

5. Of course, this is all the more remarkable considering he was fired from the company he launched - he didn’t allow that setback to permanently derail his ambitions,
but stayed focused and kept building great teams and delivering products people loved.

6. Besides Apple and Pixar, Steve Jobs also started NeXT - whose computers helped create the world’s first web server and web browser birthing the World Wide Web. Imagine what more he could’ve created had he not passed away 8 years ago…

7. Without Steve Jobs and the iPhone’s App Store ecosystem, likely no Instagram, WhatsApp, Uber, Lyft, Tinder, Bumble, and many “mobile-first” startups (and global tech billionaires and millionaires) today.

You can follow @Khanoisseur.


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