October 17, 2018 12:13 AM
Wozniak, known for his constant refusal of investment opportunities and business hopefuls, has agreed to take a step into cryptocurrency and blockchain, in the form of a company called EQUI Global.
EQUI Global is an Ethereum-based venture capital fund that will let investors discover and invest in new business opportunities using a cryptocurrency token called EquiToken. Wozniak is approached daily with business pitches and since founding Apple with Steve Jobs in 1976, has turned away just about all of them.
Now, Wozniak has become a co-founder of EQUI Global alongside career investor Doug Barrowman and Ultimo lingerie founder Baroness Michelle Mone. In the official press release[1], Wozniak explains:
"I get ideas pitched to me every single day in fact dozens and I always say no. Since I co-founded Apple with Steve Jobs, this is about the second time in twenty years that I actually said yes, I want to be a part of this."
Wozniak is no longer involved with Apple but is still on the payroll and remains a key influence in the world of technology. He doesn't dabble in stocks and shares and tends to only invest in things important to him. Wozniak has invested in museums in his hometown of San Jose, California, and is worth around $100 million. The technology icon says that he believes in EQUI Global, founded to fund technology startups and mentor them:
"I know that we have something very special with EQUI. I've since enjoyed giving my feedback to the technical side of the initiative and will very much be an actively involved proud co-founder."
The Apple founder and engineer will focus on heading up technology investments and finding "tech stars" of tomorrow. "Woz," says the release, "will then bring them to the table
