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Given that pg is a VC, it's interesting to take these comments into consideration given that in 2009 - Apple's market cap was ~$100B and today it's ~$3,000B ($3
by alberth 5y ago
Given that pg is a VC, it's interesting to take these comments into consideration given that in 2009 - Apple's market cap was ~$100B and today it's ~$3,000B ($3T).
Getting a 30x return for a company at scale is a phenomenal outcome for any VC. Seems like Apple did something right.
https://companiesmarketcap.com/apple/marketcap/ https://companiesmarketcap.com/apple/marketcap/
- ncmncm 5y agoAs did Oracle? Microsoft? Lock-in has always been a profitable strategy.
- alberth 5y agoUmm, no. - Oracle only 2x market cap [0] (from ~$100B to ~$200B) - Microsoft only 10x market cap [1] (from ~$200B to ~$2,000B) Apple with its 30x increase is an order of magnitude more than Oracle and 3x more than Microsoft. [0] https://companiesmarketcap.com/oracle/marketcap/ https://companiesmarketcap.com/oracle/marketcap/ [1] https://companiesmarketcap.com/microsoft/marketcap/ https://companiesmarketcap.com/microsoft/marketcap/
- ncmncm 5y agoI e., Lock-in to walled gardens is obscenely profitable. Just exactly how obscenely varies.