Options: The Secret Life of Steve Jobs (12 page)

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Authors: Daniel Lyons

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BOOK: Options: The Secret Life of Steve Jobs
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I tell him thanks anyway, but I don’t fly commercial, because it gives me hives and I’m allergic to non-vegans, but good luck. Then I call Paul Doezen and tell him, I don’t care what you have to do, I don’t care if you have to rent a MIG and fly up over northern Mongolia and shoot down his friggin balloon, but do
not
let this deal happen.

“Roger that,” Paul says. “Oh, and by the way? We’re rolling up the sales numbers for the quarter.”

“And?”

“You’re gonna be happy.”

“Peace out,” I tell him.

By now it’s past seven and I’m looking out the window at the sun going down into the Santa Cruz Mountains, and I’d really like to drive out to Half Moon Bay and do some positive visualization exercises on the beach. Instead Ross Ziehm drags me down the hall to a conference call with some ding-dongs from Greenpeace who’ve got a hair across their butts because we use poisonous chemicals in our products.

“Folks,” I say, “I don’t think you understand. We’re not making organic cereal here. We’re not a vegetable company. We make computers and computer monitors. They have disk drives in them. And chips. Not much I can do about that. To make computers you need chemicals. And plastic. And glass. I can’t make an iPod out of hemp. I can’t rewrite the laws of gravity here.”

The main guy, whose name is Pierre, starts hinting or suggesting or somehow talking in that roundabout European way about Apple making a bigger commitment to the cause of the environment. I know what this means. It’s a shakedown. We give them more money so they can buy more boats to hassle tuna fishermen, and they’ll stop bashing us in the press.

“How much?” I say.

“I’m sorry?”

“How much is it going to cost me to get you to leave me alone?”

He starts hemming and hawing and saying he thinks maybe there’s been some misunderstanding, that’s not what this call was about, blah blah blah.

“Pierre,” I say, “I’m tired. It’s late here. I’ve had a rough day. I don’t want to fuck around. Just give me a number.”

He asks me to hold for a moment. Then he comes back on. “Ten million?” he says.

“Done.”

“Really?”

“I’ll have my people make the arrangements.”

“Mr. Jobs,” he says “I want to thank you so much for your commitment to this noble cause, and you know, we are going to be soon redoing the list of the world’s most greenest companies and I hope we will be seeing Apple moving well upward this year . . . ”

He’s still talking when I leave the room.

Great news.
Our numbers roll in for the June quarter and they’re huge. We do a conference call with the Wall Street asshats and blow away everyone’s expectations. Better yet, according to Paul Doezen there’s a reason I can’t remember anything about the options. The reason is that I gave them all back, unexercised.

“The only thing I can find,” Paul says, “is that maybe somebody put the wrong date on some of these things. But I can’t see how that matters if you gave them back.”

We’re in the conference room, alone. He hands me a green folder which contains his report. The report consists of several pieces of paper which appear to contain columns of numbers and some words. More spreadsheets.

“Could you not have turned these into charts?” I ask. “Something visual? Something a normal person can understand?”

Paul just shrugs. He’s a numbers guy.

I pretend to glance at the reports. Paul says he’s not entirely certain that he’s found everything, because he wasn’t actually working at Apple when the backdating occurred—Zack Johnson was our CFO back then—but he’s gone through the records and tried to put the puzzle together.

He’s done this under my orders, entirely in secret. I don’t want Charlie Sampson knowing that I’m conducting my own investigation on the side. Plus I figure if Paul does come up with something bad I can fire him and destroy whatever records he’s found.

“So you’re telling me this whole thing is over a clerical error?”

“Sort of,” he says.

“So I’m off the hook.”

“That’s not actually what I said,” Paul says.

“Well that’s actually what I heard.”

Paul says there still could be some issues about disclosure, and mwah mwah mwah. I don’t know what it is about Paul, but sometimes when he gets going I just see that huge maw opening and closing and I’m aware that there is a sound coming out of him but it doesn’t seem like words at all.

“What about the short sellers,” I say.

He shrugs. “Still nothing. But if it’s any consolation, whoever’s short has got their balls in a vise today. Have you seen the stock? It’s going nuts.”

He’s right. The markets have closed but in after-hours trading our shares are surging. I turn on the TV and scan through the business channels. They’re all raving about us. Of course they all mention the options stuff, but it’s buried under the larger news, which is that our results blew everyone away.

Cramer, that lunatic, is pounding his desk and screaming at people to buy Apple.

“This stock is a must-own!” he says, his face so red it looks like his head is going to explode and splatter his brains all over the set.

“Steve Jobs should be elected president of the world!”

I’m so psyched that I drive down to the back of the parking lot and do some donuts in my Mercedes. There’s smoke everywhere. A bunch of Mexican groundskeepers stand there whooping and waving their arms. One of them screams,
“Chinga tu puta madre, cabrón!”
which I believe means, “Dude, you totally rock!”

And you know what? I do. I totally do.

The reverie
doesn’t last long, however, because that evening, after flirting shamelessly with Ja’Red’s girlfriend at the smoothie store in downtown Palo Alto and reconfirming my suspicions that she does, in fact, want to have hot, nasty monkey sex with me, I go outside and walk around a corner onto University Avenue and there, standing outside the Garden Court Hotel, is Tom Bowditch. Standing with him is Jim Bell, our COO. Right behind them, talking on a cell phone, is Charlie Sampson.

I duck into an alcove. I’m no expert on Machiavellian plots, but I’m pretty sure that when your second-in-command is holding secret meetings with your largest shareholder, and the lawyer who’s investigating your company has come along for the ride, well, that isn’t good.

I know I should march over there and confront them. But I can’t. I just stand there, feeling dizzy. I lean against the doorway, half doubled over. I’m in front of a store called “Bodhi Tree— The Art of Gentle Living,” which sells Buddhist knick-knacks. A bunch of little Buddhas are staring up at me.

One of the saleswomen from the store comes out and says, “Sir, can I help you? Are you okay? Sir? Do you need help? Should I call the police?”

Which in California is the way people say, “Yo, asshole, get the fuck out of our doorway or we’ll call the cops.”

Then she sees who I am and she gets all apologetic and says, “Oh, Steve Jobs! Namaste! Do you want to come in and have a glass of water?”

“I’m fine,” I say. “Just looking at the, um, at the window.”

I force a smile. I feel like I’m going to throw up.

Somehow I make it back to my car and get home, where sure enough there’s a message Tom Bowditch. We’re having an emergency board meeting, tomorrow morning, eight o’clock. I call him on his cell phone to find out what’s going on. It rings through to voice mail. I leave a message. He doesn’t call back.

“Irregularities” is the word
Sampson uses, which sounds pretty harmless to me, but Sampson explains that in lawyer-land this is a code word meaning, “Things are seriously fucked up.”

We’re in the boardroom and everyone is looking gray and washed out and scared shitless. It’s the whole board of directors, with Al Gore once again joining via video link, plus Sampson and his team, and Paul Doezen, and Ross Ziehm. Even the old fartstain from the clothing store company is wide awake this time.

“What time period are we talking about?” the old guy says, which is what everyone else is wondering too, because if they were on the board when the “irregularities” took place, and if their signatures appear on the quarterly reports, then in the eyes of the law they’re culpable.

In other words: it’s save-your-own-ass time. The bad news is, from what Sampson has discovered so far, we’re going to have to restate earnings back to 2001. Which means everyone on the board has some exposure. The dollar amounts aren’t huge, but the SEC and the U.S. Attorney don’t care if you’re off by a penny or by a billion dollars.

“The fact is, there are problems,” Sampson says. His helpers sit there looking proud of themselves, like they think maybe we should give them a bonus for doing such a fantastic bang-up job. I’d like to take them out and have them shot.

The clothing store guy puts his head in his hands. He starts to groan. I know what he’s thinking, which is (a) why did I ever take this board seat, and (b) how much would it cost to have Steve Jobs killed, and (c) could we have it done in such a way that he’d die slowly and painfully?

The really bad news is that Sampson insists we have to announce this information to the public as soon as possible.

This is a huge problem. The timing could not be worse. Our biggest event of the year, the Worldwide Developers Conference, begins this weekend. We’ve spent months in rehearsals, working on presentations, getting products ready—and now all that work will be eclipsed by this stupid announcement.

“I really don’t see why we can’t push this back until after the conference,” I say. “It’s just going to distract everyone from what we’re trying to convey at the show.”

“There’s no way you can wait,” Sampson says. “You’d be withholding material information.”

“I’m not saying wait forever,” I say. “Just a week. Just let us have our conference, and then announce it.”

“No dice,” Tom Bowditch says. “Charlie’s right. You can’t hold stuff like this. That’s exactly the kind of thing the SEC would go nuts over.”

Tiny flecks of foam are piling up in the corner of Tom’s mouth. He’s giving me that crazy Rottweiler look, as if he’s waiting for the others to leave so he can sink his teeth into my throat and tear me to pieces.

“So we’re agreed?” Sampson says.

He’s looking at Tom. He does not even pretend to address me.

“I’m not agreed,” I say.

They ignore me.

“We’re all set,” Tom says.

The meeting breaks up. All of the board members hurry out of the room. None of them says good-bye to me. They won’t even look at me.

Ross Ziehm pulls me aside and asks me if I want to go over the wording of the press release. I can’t even speak. My heart is racing. I’m having this monster panic attack, this huge flashback to the eighties, and not the kind where you have a nightmare that you’re walking into a meeting wearing Hammer pants. The nightmare I’m reliving is the one where the board threw me out of my own company. This was how it began. They started ignoring me in meetings, not even bothering to ask my opinion.

I hurry down the hall to my office. Ja’Red starts to tell me something about my yoga instructor, and how I missed my lesson and she wants to know if I want her to keep waiting or should she go home—but I wave him off.

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