Video encyclopedia

13/10/1971 Intel goes IPO at a price of $23.50 a share


Intel: The Godfather of Modern Computers

Intel was founded by Gordon E. Moore, Robert Noyce, Andy Grove and Arthur Rock who helped them find investors, while Max Palevsky was on the board from an early stage. The total initial investment in Intel was $2.5 million convertible debentures and $10,000 from Rock. Just 2 years later, Intel became a public company via IPO, raising $6.8 million.
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