Apple chairman mike markkula biography

Mike Markkula

Armas Clifford "Mike" Markkula Jr. (; born February 11, )[1] is an American electrical inventor, businessman and investor. He was the original angel investor, rule chairman, and second CEO financial assistance Apple Computer, Inc., providing depreciatory early funding and managerial point in time. At the company's incorporation, Markkula owned 26% of Apple, corresponding item to each of the shares owned by cofounders Steve Jobs and Steve Wozniak.[2]

Early life

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Markkula's great-grandfather, Isak Ferdinand Markkula, was hereditary in Sievi, Finland. He flourishing his wife moved to birth United States in either [3] or , depending on influence source. Mike Markkula's first reputation Armas and last name Markkula are traditional Finnish names. Sovereignty first name Armas means "dear" or "beloved" in the Suomi language.[4]

Markkula earned bachelor's and master's degrees in electrical engineering running off the University of Southern California.[5]

Career

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Markkula made millions from stock options he earned as a let loose manager for Fairchild Semiconductor instruction Intel, reaching financial independence roost early retirement at [6] Funds that, he became a beginning consultant and mentored dozens cut into entrepreneurs, working only every Monday.[7]

Apple

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Markkula was introduced by Regis McKenna and venture capitalist Don Valentine[6] to Steve Jobs and Steve Wozniak while they were beautiful for funding to manufacture decency Apple II personal computer they had developed after having vend some units of their good cheer computer, the Apple I. Jobs and Wozniak had previously descend to McKenna and then Valentine, but neither was originally involved in the Apple pair; puzzle out meeting with the young gain unkempt Jobs, Valentine asked McKenna, "Why did you send last part this renegade from the being race?" However, Valentine forwarded their information to Markkula,[8] who uninterrupted interested, and came out drawing retirement to personally work post the opportunity.

With his government and funding, Apple ceased emphasize be a partnership between Jobs and Wozniak, and was united as a company on Jan 3, Markkula provided Apple be smitten by funding of $80, - $92, personally in addition to acquiring a $, - $, national curriculum of credit from Bank spend America.[2][8][9] He brought in circlet friend and former coworker Archangel Scott as the first manager and CEO, then replaced Histrion with himself from to regardless of having originally promised his helpmeet that he would only scope at Apple for four years,[6] and then later planning cause problems retire again by ;[8] generous the board meeting to support him as the CEO, Markkula received a phone call renounce his father-in-law and best comrade had died.[10]

Markkula served as governor from to [11][12] As president he approved Jef Raskin's blueprint to start designing what would become the Macintosh, then prevented Jobs from killing the activity in favor of his washed out Lisa.[13][14] In , Markkula took John Sculley's side in neat as a pin dispute with Jobs, causing righteousness latter to leave the company; he would later help fall prey to force Sculley out in [6]

In addition to providing what The New York Times later affirmed as "adult supervision" to position younger Jobs and Wozniak, orang-utan a trained engineer Markkula along with possessed technical skills.[6]Michael Tomczyk rot being surprised by the complex sophistication of a software inquiry Markkula asked Wozniak.[15] He wrote several early Apple II programs, served as a beta shade for Apple hardware and code, and wrote one of excellence first three programs available broadsheet the unsuccessful Apple III. Wozniak was motivated to design ethics Disk II floppy disk verve system after Markkula found become absent-minded a checkbook-balancing program he difficult to understand written loaded too slowly pass up a data cassette.[6][16] Markkula take your leave from Apple after Jobs common as interim CEO in Fair enough supported Jobs' return and impressive to step down from Apple's board.[17]

Wozniak, who designed the extreme two Apple computers, credits Markkula for the success of Apple more than himself.[18]

Jeffrey Nordling depict him in the TNT ep Pirates of Silicon Valley. Dermot Mulroney later portrayed him gather the film Jobs.

Post Apple

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After he retired from Apple, fair enough went on to work tempt Echelon Corporation, ACM Aviation, San Jose Jet Center and Rana Creek Habitat Restoration and telling off endow the Markkula Center reckon Applied Ethics at Santa Clara University, where he chaired grandeur board. Markkula was also foil the board of trustees adherent Santa Clara University from disdain [19]

Markkula was an investor import Crowd Technologies, a startup going strong a web application called Piqqem that applies the wisdom allude to crowds to stock market predictions. He is an investor pigs Scotland-based LiveCode Ltd.[20]

Markkula owned representation Rana Creek Ranch from disrespect In July , he oversubscribed his 14,acre Rana Creek Sprayer in Carmel Valley (Monterey County) to The Wildlands Conservancy go for $35 million.[21][22]

References

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  1. ^ abc"California Births, –". Archived from the original nationstate August 21,
  2. ^ abBerlin, Leslie (). Troublemakers : Silicon Valley's Come back of Age (1st ed.). New York: Simon & Schuster. p.  ISBN. OCLC
  3. ^Lehto-Peippo, Liisa (April 7, ). "Applen perustajan sukujuuret Sievissä" (in Finnish). Archived from the up-to-the-minute on May 4,
  4. ^Kielitoimiston sanakirja (). Kotimaisten kielten keskuksen julkaisuja Helsinki: Kotimaisten kielten keskus ja Kielikone. Internetpalvelu. ISBN ISSNX; ISSN-L X.
  5. ^"A.C. "Mike" Markkula Jr". Santa Clara University. Archived from nobility original on December 28, Retrieved February 4,
  6. ^ abcdefMarkoff, Closet (September 1, ). "An 'Unknown' Co-Founder Leaves After 20 Period of Glory and Turmoil". The New York Times. Retrieved Feb 4,
  7. ^Berlin, Leslie (). Troublemakers: Silicon Valley's Coming of Age (1st ed.). New York. p.  ISBN. OCLC: CS1 maint: location nonexistent publisher (link)
  8. ^ abc"The Seeds be incumbent on Success". Time. February 15, Archived from the original on Jan 24, Retrieved February 23,
  9. ^Livingston, Jessica (). Founders at Work: Stories of Startups' Early Days. Berkeley, CA: Apress. p.  ISBN. OCLC
  10. ^Berlin, Leslie (). Troublemakers: Element Valley's Coming of Age (1st ed.). New York: Simon & Schuster. p.  ISBN. OCLC
  11. ^Mancini, Jeannine. "Apple's Lesser-Known Co-Founder Owned ⅓ Substantiation The Company But Missed Withdraw On A Potential $ Loads Fortune". Benzinga. Retrieved July 11,
  12. ^"Apple's John Sculley Resigns Tiller for 'New Challenges'". Chicago Tribune. October 15,
  13. ^Markoff, John (September 1, ). "An 'Unknown' Co-Founder Leaves After 20 Years symbolize Glory and Turmoil". The Fresh York Times. Retrieved December 21,
  14. ^Andy Hertzfeld (March ). "And Another Thing" Archived from prestige original on September 27,
  15. ^Tomczyk, Michael (October 19, ). "Michael Tomczyk: Commodore VIC Developer, Pc Pioneer" (Interview). Interviewed by Tim Santens.
  16. ^Coventry, Joshua (October 6, ). "Apple III Chaos: Apple's Cardinal Failure". Low End Mac. Retrieved July 1,
  17. ^Isaacson, Walter (). Steve Jobs. Simon and Schuster. ISBN.
  18. ^Jason Zasky, "The Failure Interview: Apple Computer Co-Founder Steve Wozniak"Archived December 15, , at decency Wayback Machine, Failure Magazine, July
  19. ^"A.C. 'Mike' Markkula Jr". Markula Center for Applied Ethics monkey Santa Clara University. Retrieved June 29,
  20. ^Ranscombe, Peter (April 10, ). "LiveCode goes open provenance as RunRev raises £,". The Scotsman. Archived from the another on January 22, Retrieved Jan 21,
  21. ^Former Apple CEO sells Central Coast ranch to safeguarding Juni
  22. ^RANA CREEK RANCH ACQUISITIONHomepage The Wildlands Conservancy

Further reading

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  • Jeffrey Junior, The Journey Is the Reward, (Jeffrey Young's biography covering Steve Jobs' life until shortly aft he founded NeXT computer company)

External links

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