How to Make a Million (or Two): Violate an iPhone

george_hotz_iphone.jpg

This snarling boy is George Hotz, who unlocked the iPhone last week after about 500 or so hours of work that included a soldering iron.

Why are we talking about him at all? Because one of his iPhones snagged $25 million on eBay (according to Vox and Globe and Mail). He also got a 350Z, three more iPhones and a consulting gig.

There’s a lot to be said about doing something you’re not supposed to and giving a lot of people something they want really, really badly:

– You get a lot of press
– You (maybe) get some clout
– You (occasionally) make a ton of money which, while not necessarily proportionate to the work you’ve done, is exactly proportionate to how much people want what you’ve got, and the fact that you – and just you – are the only one who’s been able to hand it to them

Now excuse us while we hot-wire a hybrid Porsche with wings.

Picture of Steve Hall

Steve Hall

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