PIXAR: The Company and Its Founders - Sharyland ISD
PIXAR: The Company and Its Founders - Sharyland ISD
PIXAR: The Company and Its Founders - Sharyland ISD
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<strong>PIXAR</strong><br />
LASSETER RECOGNIZED<br />
AT THE OSCARS<br />
Lasseter received special<br />
recognition for his work on<br />
Toy Story. He was given a<br />
Special Achievement Award at<br />
the 1996 Academy Awards for<br />
his “inspired leadership of the<br />
Pixar Toy Story team resulting<br />
in the first feature length computer<br />
animated film.” 1<br />
use <strong>and</strong> sell their inventions. By<br />
licensing Pixar’s patents, other<br />
companies could produce <strong>and</strong> sell<br />
Pixar’s software—for a price.<br />
Jobs also decided that he<br />
would wait until Toy Story was<br />
released to take the company<br />
public. When a business owner<br />
takes a company public, it means<br />
that he or she makes shares of the<br />
company available for sale on the<br />
stock market. In this way, anyone<br />
who buys a share of stock owns a<br />
piece of the company. But in the<br />
early 1990s, most serious investors<br />
did not put money into a company<br />
that had never made a profit. Jobs<br />
was advised against taking Pixar<br />
public, but he believed it would<br />
help the company. Whether the<br />
movie was a success or a failure,<br />
Pixar’s fate would be decided when<br />
it was released on November 22,<br />
1995.<br />
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