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@michaela26 232004 wrote:
Those profits are extraordinary! Even the person who made only 0.8% made $400 million, wow
These aren’t profit numbers.
They are based on a private valuation of $50 billion USD and are illiquid until the company goes public, and even then, most of these shareholders will only liquidate a portion of their ownership.
Regardless, a good portion of the owners have made such a huge return on their investment already that even with their partial liquidation and any fluctuation the company’s value might face, they will come out ahead of the game.
@bingodude 232013 wrote:
Hahaha, Bono…that made me laugh.
Seems like more and more celebrities are investing in tech companies lately.
Ashton Kutcher, Justin Timberlake, and Russell Simmons are just a few of the others who have participated in tech ventures as of late.
Great Infographic. Incredibly insightful.
As for celebrity investors, it is so true how this is a growing trend. And a smart one at that- there’s been lots of return. Found this article on Top 10 Celebrity Investors. Pretty cool story on William Shatner & Priceline.
Amazes me how Bono who is 80 courics in weight.. has a decent 1.5% stake in FB.
80 courics.. and going strong.
