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Gil Amelio, Ellen Hancock, and Steve Wozniak launched a blank check start-up in 2005. Less than three years after writing that check, investors see most of their equity disappear.
Merger rumors--they are fun to start, but not as easy as you might think. To do it successfully, you need to sound like a strategist and think like a stoner.
New and Noteworthy: Ex Apple bosses get the VC bug; Rumor: Premiere to return to Mac?