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To: FatherofFive

Mike Markula bought a sizeable chunk of Apple for $250K. You would have been among the critics who would have said that for such a small amount, “ this proves there is no ‘there’ here.”


13 posted on 01/31/2014 6:04:15 PM PST by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Kevmo
Mike Markula bought a sizeable chunk of Apple for $250K.

A sizeable chunk is not the whole thing. Venture capital always take a sizeable chunk. But the owners keep a good chunk. Steve Jobs and Steve Wozniak kept enough to become billionaires. You have to give up equity to raise venture capital. But you don't give up your whole position.

45 posted on 02/01/2014 7:41:37 AM PST by FatherofFive (Islam is evil and must be eradicated)
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