Apple owns 4.7% of Jony Ive’s new company, LoveFrom.
The website for Jony Ive’s new company has gone up.
It’s still obviously way too early to see what he’s working on, but you can read his mission statement and some info for investors.
One thing I found interesting is that it lists the initial stock price and number of stocks. In its founding state, the company is worth about $13.5 million, Jony owns 51% of the company, and the 3rd biggest investor (after Jony and the Carlyle Group), is Apple, with a 4.7% stake in Jony’s company. That’s peanuts for Apple (about $636K), but it’s notable because it means they’re involved.