The Rise and Fall of Steve Jobs: The Story Behind His Removal from Apple

TLDRThis video explores the events leading up to Steve Jobs being fired from Apple in 1985, including his lack of decision-making power and disagreements with CEO John Sculley. Despite his contributions to the company, Jobs was voted out by the board and ultimately left to start his own ventures.

Key insights

:pencil2:Steve Jobs co-founded Apple but was not in charge during his first tenure at the company.

:handshake:A seasoned businessman, Michael Scott, was brought in as CEO to provide leadership and decision-making power.

:moneybag:Jobs' return to Apple in 1997 allowed him to lead product development but limited his decision-making power.

:briefcase:John Sculley, whom Jobs originally hired, played a significant role in Jobs' removal from Apple.

:chart_with_downwards_trend:Disagreements over the pricing of the Macintosh led to increased tensions between Jobs and Sculley.

Q&A

How did Steve Jobs get fired from Apple?

Jobs was removed from his day-to-day decision-making power and offered a reduced role within the company. He rejected this offer and forced the board to vote on whether he or Sculley should lead. The board unanimously voted in support of Sculley.

Who was responsible for Steve Jobs' removal from Apple?

John Sculley, whom Jobs himself hired, played a significant role in the decision to remove Jobs from Apple.

Why did Steve Jobs start his own companies after leaving Apple?

After leaving Apple, Steve Jobs started NeXT Computer and PIXAR. Jobs lost significant control over Apple and preferred to start fresh with his own ventures.

What led to tensions between Steve Jobs and John Sculley?

Disagreements over the pricing of the Macintosh led to increased tensions between Jobs and Sculley. Jobs wanted to sell the Macintosh for $2,000, while Sculley believed it should be $2,500.

Did Steve Jobs ever return to Apple?

Yes, Steve Jobs eventually returned to Apple. His return and subsequent achievements are separate stories.

Timestamped Summary

00:00Steve Jobs co-founded Apple in 1976.

00:26Jobs was not in charge during his first tenure at Apple and did not become CEO until 1997.

01:24Michael Scott was brought in as CEO to provide leadership and decision-making power.

01:58Jobs' lack of decision-making power made him susceptible to being forced out of Apple.

03:14John Sculley, whom Jobs hired, played a significant role in his removal from Apple.

05:20Disagreements over the pricing of the Macintosh created tensions between Jobs and Sculley.

06:51The board of directors unanimously voted in support of Sculley over Jobs.

08:15Jobs left Apple and started NeXT Computer and PIXAR.