What was market cap at ipo?
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$700 Million at IPO in 1986. In today’s dollars it was $1.66 Billion. Most importantly,
$MSFT was profitable at IPO unlike all the easy
VC’s throw at startups unburdening these toxic companies to the public when profitability maybe decades in the future or may never happen - Show replies
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why he did that!?
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Skin in the game
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No he was taking skin out, probably needed a little more money to buy more call options knowing price would only go up!
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That was the equivalent of how much back then?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Anyone know what the norm is?
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Is there one?
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