Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Commodities, Stocks, and Indices
Ron Wayne’s $3.1 Billion Mistake
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="ituglobal, post: 209774, member: 23629"] On the day Apple was founded, here’s how the founders divided the shares: Steve Jobs — 45% Steve Wozniak — 45% Ronald Wayne — 10% You’ve heard of Steve Jobs. You’ve heard of Steve Wozniak. You probably haven’t heard of Ronald Wayne. Why? Because Wayne didn’t last. 12 days after they founded Apple, Wayne sold his 10% stake for $800. One year later, he forfeited any potential future claims for $1,500. In total, he walked away from Apple with $2,300. Big mistake. In 2018, when Apple became the first $1 trillion company, his shares would’ve been worth $100 billion. Today, with Apple’s market cap hovering around 2.87 trillion… it’s worth a lot more. It doesn’t end there. In the 1990s, Wayne sold his copy of Apple’s original founding documents for $500. In 2011, the same documents were auctioned off by the buyer for nearly $1.6 million at a Sotheby’s auction. We All Make Mistakes In many ways, we all can kind of feel Ronald Wayne’s pain. We’ve all missed the boat. Made mistakes. Have regrets. Regret is a powerful teacher. That is, if we can learn from it. Truth is, 99% missed the boat on today’s titans. But consider when many of them were founded: Intel → 54 years ago Microsoft → 47 years ago Apple → 46 years ago Amazon → 28 years ago Netflix → 25 years ago Google → 24 years ago SpaceX → 20 years ago Tesla → 19 years Facebook → 18 years Twitter → 16 years Airbnb → 14 years Uber → 13 years Zoom → 11 years That, on average, is about 25 years. In 25 years, I bet half of these companies won’t exist. They’ll be replaced by new industry titans. Right now, many of those titans are just getting started. And these new titans will look nothing like the companies today. Web3 Barons Most people can’t see it yet… But many of today’s largest companies will be replaced by trillion-dollar crypto networks. And here’s the thing. Years from now, you might look back on this email… And one of two things will happen: You’ll either feel like Ronald Wayne. Or you’ll feel like the person who bought 10% of Apple for $800. If you want to feel like the latter… There are only a few strategies we know of.” Author: Chris C. Profits from games of knowledge: [URL]https://www.predictmag.com/[/URL] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…