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by simondotau 1661 days ago
Citation?

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.

2 comments

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.

https://au.finance.yahoo.com/news/microsoft-founder-bill-gat...

Ballmer strikes out again