Facebook Math: $10K Investment = $8M

February 6th, 2012 § 0 comments

talk about ROI:

Facebook Math: $10K Investment = $8M

Comments () The world of venture capital is rich with tales of colossal payoffs. The partners at Benchmark Capital invested $6.7 million in eBay in 1997 – and saw their stake mushroom to $400 million when the company went public one year later. Sequoia Capital and Kleiner Perkins Caufield & Byers invested $12.

via: www.thedailybeast.com

now, while this does make a great media story, it also creates totally false expectations to new entrepreneurs – if you are thinking about being a painter, because once there existed Michelangelo, you’re wrong.

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