Chapter: 2614
“Google, Apple, Yahoo, Cisco, Oracle, Tesla, and other leading tech companies have all moved out of Silicon Valley,” someone said. “Their value has skyrocketed since then, increasing tens of thousands of times! Just think about it: if anyone had bought Apple stock 20 years ago, they would have made three to four hundred times their investment!”
“Did you know your mother invested in Apple through a venture capital fund she started when you were born?” another person chimed in. “Back then, Steve Jobs treated her like a special guest. When Apple was valued at just a few billion dollars, she invested hundreds of millions to acquire 10% of the company’s shares!”
“Today, Apple’s market value is over two trillion dollars, which is more than 15 trillion yuan! After some dilution, your mother’s 10% stake is now around 6%. Do you know how much that is in RMB? Almost 900 billion!”
“But that’s not all! Your mother didn’t just invest in Jobs’ Apple. She also backed her younger brother from Stanford, Larry Page.”
“Larry Page is the founder of Google, which has created products like Google Search, Google Maps, the Android mobile system, and the famous smart robot, AlphaGo. Google is now worth over one trillion dollars, and your mother’s fund holds more than 10% of its shares!”
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“Overall, the money your mother has made from these two companies alone is greater than all the assets of the Ye family combined. If we include all of her venture capital fund’s investments, I’m afraid that Su and Ye Jiajia wouldn’t stand a chance.”
Charlie Wade was shocked when he heard this! Many people are aware of the amazing success of Silicon Valley, and Charlie is no different. This place gave birth to countless high-tech companies, many of which are now worth tens of billions of dollars. Some are even valued at over 100 billion, and a few have surpassed one trillion dollars.
In those days, anyone who invested in Silicon Valley had a good chance of making money, even if they didn’t know much about the companies. The potential for profit was incredible. For example, Sun Zhengyi from Japan invested $20 million in Alibaba and turned it into $50 billion. Similarly, the South African Press Group put in over $30 million into Tencent Group and ended up with $130 billion!
These stories are well-known examples of successful investments. But Charlie never imagined that his gentle, wise, and caring mother had such an impressive investment background!