The New Yorker reports: "ANNALS OF BUSINESS about Xerox PARC, Apple, and the creation of the personal computer. Describes a visit by Steve Jobs to Xerox PARC in 1979. Xerox PARC was the innovation arm of the Xerox Corporation. In 1970, Xerox had assembled the world’s greatest computer engineers and programmers, and for the next ten years they had an unparalleled run of innovation and invention. By 1979, Apple was already one of the hottest tech firms in the country. So Jobs proposed a deal: he would allow Xerox to buy a hundred thousand shares of his company for a million dollars—its highly anticipated I.P.O. was just a year away—if PARC would “open its kimono.”" This is probably the best article on the subject I have seen. Note: To read the full article requires a subscription.
