NeXT was failing and idea of being bought by Apple in 1996 was a tantalizing prospect for Steve Jobs. He wanted to get back into Apple while Larry Ellison of Oracle wanted to get more money by buying Apple outright. However, Jobs wanted the moral high ground by not making money in the process of transitioning back into Apple. In 1996, Steve Jobs negotiated with Gil Amelio the purchase starting with Apple Computer buying $12 per share for $500 million valuation of NeXT. Amelio countered with $10 per share for $400 million valuation of NeXT, and Jobs agreed as long as he received a payout in cash.
Jobs gutted, and rebuilt the building that he purchased for the NeXT headquarters….twice. He wasted a lot of money on designing colourful machines at the NeXT factory much like the Macintosh factory. He also invested in an amazing factory that would be highly valued when it had to be shutdown. NeXT’s stair cases were built out of sturdy glass, an idea later applied to Apple stores. The process of ‘conbon’ was applied at NeXT. The tech office was lavish.