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for computer-animated software.
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But the research and development of all their technology
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was costing more money than the company was bringing in.
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Steve Jobs had been losing over a million dollars a year for five years.
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It was all great stuff to do, but none of it was a home run.
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None of it really. . . It was a struggle. Every step of the way, it was a struggle.
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We were trying to pay the bills and just buy time.
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And that strategy really turned out not to work.
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Steve was a very forgiving investor at that time
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and had a much longer term view than
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your average venture capitalist would've had about our young company.
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With the survival of Pixar at stake,