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Fair comment, but just how tangible was that $100mm valuation? McAfee anti-virus software appears to have grown primarily through paying for pre-installed trial
by sharpn 17y ago
Fair comment, but just how tangible was that $100mm valuation? McAfee anti-virus software appears to have grown primarily through paying for pre-installed trial version placement on new pcs - not through being a 'better product'.
- dhouston 17y agoArticle said a couple years after going public he sold his remaining stake, bringing his total gains to $100mm (presumably cash.)
- dkersten 17y agoThe he probably invested in banks (AIG?) and property and got recessioned down to $4M. Or something like that, anyway.
- knightinblue 17y agoIf you read the article, it says he invested heavily in Lehman Brothers.