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The $17B gamble made on the basis of a handshake with Steve Jobs


It seems to be a week for interesting peeks at Apple history, a new piece telling the story of Softbank...

Invariably known as Masa, the Japanese entrepreneur – who holds the interesting record of having been the richest man in the world for three days – figured out that Apple had to be working on a phone, two years before it was announced … A Wired excerpt from a new biography of Masa reveals his realization that Apple had to be working on a phone, and the gamble he took based on an unwritten agreement with Steve. Masa does have something of a reputation for colorful stories, but the facts certainly align with some version of his account, with Steve’s appreciation for the man’s vision and nerve likely playing a significant role.

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