Tuesday, August 04, 2009

Steve Jobs' 2005 Stanford Commencement Address

Inspiring stuff! It helps to remember that we live the choices we make.

Just to complete Steve's story, Apple granted him ESOPs in 2001. These options apparently were granted at a strike price lower than what the price should have been. If this is true, Steve Jobs would have under-reported his income. An internal Apple investigation has cleared Jobs of the charges reporting that he had returned his options without exercising them in 2003. Apple's board remains under investigation for alleged securities fraud.

Source:

http://en.wikipedia.org/wiki/Steve_Jobs