Or like when Microsoft invested $240M into Facebook back in 2007, which is one o...

bhouston on Jan 10, 2023 | parent | context | favorite | on: Microsoft eyes $10B bet on ChatGPT

Or like when Microsoft invested $240M into Facebook back in 2007, which is one of the all time greatest corporate investments. Even after the massive correction, they still have a 22x return on the investment.

https://www.vox.com/2017/10/23/16412108/facebook-microsoft-2...

I wonder if they have cashed out their investment?

hangonhn on Jan 10, 2023 [–]

EMC acquired VMware at $500 million and VMW later IPOed at $20 billion. So 40x in only a few years.