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Posted by / 20-Mar-2016 22:42

Steve jobs dating game

The year was 1983, and a 28-year-old Steve Jobs was hosting an Apple event for his employees.

Jobs invited three software guys: Frank Gibbons of Software Publishing Co., Mitch Kapor of Lotus, and none other than Bill Gates of Microsoft.

After all, stock option backdating is all the rage these days.

You'd think they'd be up to their eyeballs in rope.

At the end of the day, Jobs dodged a bullet because of 1) his value to Apple's shareholders, 2) his value to the U. economy, and 3) just plain luck that neither Apple's board nor the SEC found a smoking gun to force them to do something they didn't want to do.

As for Jobs, a report from Apple's internal investigation indicated that, while he was indeed aware of the options backdating, "he did not financially benefit from these grants or appreciate the accounting implications." In addition to vindicating Jobs, that same report fingered Heinen and Anderson.I count no fewer than 38 top executives at 19 high-tech companies that have bit the dust over this stuff.We're talking top executives at big-name companies like Apple, Altera, Broadcom, Brocade, Cirrus Logic, Comverse, KLA-Tencor, Maxim, Mc Afee, Rambus, Sanmina-SCI, Take Two, Trident, Verisign, and Vitesse. That's serious fallout considering that options backdating is legit as long as the company reports it and accounts for it accurately.All of the men are in their geek-chic uniform of khakis and polo shirts (the hoodies of yesteryear), to answer questions about their company's relationship with Apple, all in the style of In the video below, you'll hear only Gates' answers, but those, of course, are the most interesting.The two seem almost chummy, and the crowd is completely entertained.

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