Assertion certainty 4/5 debate potential 1/5

Steve Jobs tried to acquire Howard Marks's startup when he was 20

Howard Marks · 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat! · Aug 5, 2018 · at 19:08

Howard Marks, co-founder of StartEngine, recounts early career interactions with Steve Jobs around 1984 while developing software for the Apple II.

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“Well, I met Steve Jobs when I was 20 years old at Apple, because he wanted to buy my company.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Howard Marks

Opinion
Howard Marks claims VCs only invest in white males from Stanford
“VCs typically only invest in white males from Stanford.”
Howard Marks Aug 5, 2018 ▶ 12:59 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Prediction Not checkable as stated
Howard Marks predicted SaaS models would inevitably transform into ICOs
“You know, for them, the SaaS business is probably the only way a software model is going to work, but it's going to transform itself into the ICO model, which is the blockchain, because it's the logical progression, you know, internet, one point O internet, tw…”
Howard Marks Aug 5, 2018 ▶ 17:55 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Insight
The video game industry invented the modern SaaS subscription model
“By the way, the entire game industry is now a SaaS model, as you probably know, software as a service, because people are now buying either a subscription or they're buying a pay-as-you-go Which is really where the game industry invented it, and the SaaS indus…”
Howard Marks Aug 5, 2018 ▶ 8:01 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Insight
Gaming invented cryptocurrency mechanics long before blockchain existed
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Howard Marks Aug 5, 2018 ▶ 2:32 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Opinion
Activision is nearly as big as Disney and could become bigger
“No, Activision is independent. It is nearly as big as Disney, or it could become bigger than Disney, but it's Acclaim, my other game company.”
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Disclosure
Howard Marks bought 30% of Activision for just $400,000 in 1991
“So we bought 30% of the company from one investor was a venture capitalist. We was like, you know what? I'm out. So we paid that, I think, 400 grand.”
Howard Marks Aug 5, 2018 ▶ 4:01 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
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