Apple's Biggest Myth Busted By Steve Wozniak

One of the greatest legends in Silicon Valley, passed from one generation of entrepreneurs to another is how Steve Wozniak and Steve Jobs started Apple Inc. AAPL in their garage and turned it into a tech behemoth. However, the truth is quite different from that.

Bloomberg Businessweek is chronicling the most disruptive ideas of the past 85 years for its 85^th anniversary. Among those ideas is The Apple 1 computer, for which it interviewed Steve Wozniak.

Here is what Wozniak had to say about the garage story and the founding of Apple.

"The garage is a bit of a myth, it's overblown. The garage represents us better than anything else, but we did no designs there. We would drive the finished products to the garage, make them work and then we’d drive it down to the stores that paid us cash," Wozniak said. "We outgrew that garage very quickly."

Related Link: Why It's Going To Be Very Strange To Hear From Steve Jobs Right Now

On how his partnership with Steve Jobs begin, Wozniak said, "Steve Jobs came into town, he popped into town, see what I was up to, the latest thing I designed for fun and then he somehow turned it into some money for both of us. Paul Terell, he owned a store in Mountain View, he'd seen me for quite some time demonstrating my computer."

"So Steve Jobs went in to sell him some of our little boards that we built for 20 bucks. He said, 'No. People want to come in, they want to buy pre-built, they want to buy the thing ready to go.' It cost us $250 to build maybe, it sell for $500 and then the retail price was $666.66 because I as a mathematician liked repeating digits and that is what it should be," Wozniak said.