Is it just me, or does this seem like a pretty savvy investment by A/H? They got their money into both companies, and ended up getting back (if the article is to be believed), a 400x return on their investment. There was a time and place where that was considered not too shabby, some might even say quite good.
Nobody can maximize every investment. How often does it happen that anybody maximizes their investment potential on any given deal? I wish I would have bought Apple stock in 1998 instead of 2005, but I wouldn't say I "fumbled an investment opportunity." When I first saw this headline, not knowing the backstory, I thought this meant that they did something to piss off the Instagram founders and lost out on the chance to put anything into the company at all.
Comments
Is it just me, or does this seem like a pretty savvy investment by A/H? They got their money into both companies, and ended up getting back (if the article is to be believed), a 400x return on their investment. There was a time and place where that was considered not too shabby, some might even say quite good.
Nobody can maximize every investment. How often does it happen that anybody maximizes their investment potential on any given deal? I wish I would have bought Apple stock in 1998 instead of 2005, but I wouldn't say I "fumbled an investment opportunity." When I first saw this headline, not knowing the backstory, I thought this meant that they did something to piss off the Instagram founders and lost out on the chance to put anything into the company at all.