His concern is (ostensibly) losing voting shares, and control of the company. I can sympathize with that to a degree, but I know for a fact he doesn’t know 10% of what’s happening in the company he supposedly runs. Consider though - Woz is still occasionally quoted as an authority figure on Apple. It’s hard to separate.

But he’s incomprehensibly wealthy and wants to keep 5%. If I had .001% of his net worth, it would be multigenerational wealth for my family. Fuck him and everyone around him