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Silly question. How did he turn that $100k into $10 billion? Early stock options? What did he negotiate early on to get that type of return?
by iJohnDoe 3y ago
Silly question. How did he turn that $100k into $10 billion? Early stock options? What did he negotiate early on to get that type of return?
- crazygringo 3y agoHe's an investor, so he just owns stock directly, presumably. And the value of Google has grown many, many orders of magnitude since then. I mean, it's a return of 100,000x, but Alphabet's market cap is $1.5 trillion. The math works fine I think, it's just getting extremely lucky on the very ground floor.
- wmf 3y ago$10B is less than 1% of Alphabet today so it could have been a typical angel deal like $100K for 5% (with subsequent dilution).