Early-Stage Facebook Investors Were Sitting on Gains of Up to 60,000%

in #investment7 years ago (edited)

Few Points:

  • "While shares of Facebook Inc. (Nasdaq: FB) have risen 355% since its 2012 initial public offering (IPO), early-stage investors were sitting on gains of up to 60,000% before reaching public hands."

  • "Uber now commands a $48 billion private market valuation. This is 12,000 times higher than its original valuation of $4 million."

  • "But not one cent of this increase in value has reached the public. Rather, all the gains have accrued to Silicon Valley insiders and large institutions."

"This is not the same with crypto, where everyone has an equal shot of finding the next Uber, Amazon or Google."

Source:
https://medium.com/@SovereignInvestor/bitcoin-the-end-of-the-beginning-352bb521878

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