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Almost none of the companies that IPO in the US today have even the remote possibility of yielding a 20X return, never mind 100X or more. At that stage, you'd u
by marvin 6y ago
Almost none of the companies that IPO in the US today have even the remote possibility of yielding a 20X return, never mind 100X or more. At that stage, you'd usually rather want to go with an index fund.
Most of the allure of early- to mid-stage investments is that a small investment has a small chance of turning into a meaningful stake in a very influential company. So I don't think that the promise of buying a stake in a company that has most of its growth behind it would be very interesting to OP, unfortunately.
- vizzah 6y agoThis is not true. Even companies whose IPOs are long forgotten can bring 20X returns. In a current stock market frenzy you can have 20X returns in a year. Take Overstock (OSTK). 14X return from the highs of January 2020 or 30X return from the lows of March (COVID sell-off). Even large caps such as TSLA is almost 10X return in a year(!). It's crazy what's going on with the stock prices right now.