4 ms·
It’s a trillion dollar company dude. Many people laughed at their 1B ipo valuation. Basically, never ignore these things.
by neverokay 2y ago
It’s a trillion dollar company dude. Many people laughed at their 1B ipo valuation.
Basically, never ignore these things.
- cmrdporcupine 2y agoMan, I bought some stock a bit after IPO, it dropped a bunch, and I idiotically sold later at a slight loss in 2013 after people all around me constantly went on about how they would never make money. It's now worth 17 times what I sold at. I also remember around Google's IPO people questioning how they'd ever make money.
- neverokay 2y agoSucks right? Life gets lifey.
- kirubakaran 2y agoI used to pay a lot of attention to the comments of certain HN users who made well reasoned but (with the clarity of hindsight) mostly doomer predictions about various topics. I wish I hadn't listened to them.
- epolanski 2y agoTo be fair if counter arguments put you off it means your own weren't that strong. It's good you have that attitude otherwise it would be gambling.
- MangoCoffee 2y agoi believe FB is a fad at that time. Who knew it make that much money and still going.
- ilrwbwrkhv 2y ago"They trust me, dumb f*cks" - Mark Zuckerberg laughing all the way to the bank.
- lotsofpulp 2y agoPeople who have a good enough memory to recall the dumb things they thought and said at age 19 also laugh.
- chasd00 2y agoi think i sold my apple stock at $10/share. I also had my finger on the buy button for AIG at around $1/share in the depths of the financial crisis but didn't do it. Now I just stick to code, my 401k, and company RSUs heh.
- ambicapter 2y agoI bought Apple stock 2 years ago and it's been flat since then, with me at a slight loss. So the golden tech stocks aren't always so.
- deleted 2y ago[deleted]
- adtac 2y agoYou would've probably sold it when it doubled. Or 4x. If you still hadn't sold it at 17x, you'd probably never sell it, so it's not liquid anyway.
- mFixman 2y agoI read an HN article about Bitcoin in 2011 when it was about $1 per BTC, and mining on AWS was still profitable. I dismissed as a stupid novelty that's not worth the time to set up an AWS instance. Lesson learned: don't listen to HN.