Remember in 1997, Microsoft invested 150 million dollars into Apple to appease regulators? They sold it in 2003 for a tidy 550 million dollars. Nice return on investment!
If they didn't sell it, it would be worth approximately 130 BILLION dollars today.
Looks like you’re right, MS liquidated it a long time ago, and I mixed up Gates and MS, but if we call 5% as lowest amount of significance or how it was non voting stock it still isn’t a good point I made.
Remember in 1997, Microsoft invested 150 million dollars into Apple to appease regulators? They sold it in 2003 for a tidy 550 million dollars. Nice return on investment!
If they didn't sell it, it would be worth approximately 130 BILLION dollars today.