I completely agree with Jeff in this.
We often just look at people's net worth and think about how much money they made. But we don't consider how much money they made for others.
For eg:
1) Sequoia's $12.5 million investment in Google in 1999, and
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Anonymous 4
Hey I am on Medial • 2m
Founders do create wealth for others, but not all stories are rosy. For every Google, there’s a WeWork where investors lost billions.
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Here’s a short overview of major funding agencies and their operations:
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Invested In: Apple, Google, Airbnb, WhatsApp.
Source of Funds: High-net-worth individuals, pension funds.
Returns: WhatsApp investment generated $6.3
I completely agree with Jeff in this.
We often just look at people's net worth and think about how much money they made. But we don't consider how much money they made for others.
For eg:
1) Sequoia's $12.5 million investment in Google in 1999, and
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SamCtrlPlusAltMan
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Mr BIZENIUS
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