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worldisfullofDerps

07/23/19 11:58 AM

#111832 RE: BernardSnatager #111831

All great companies started small. Look at Anheuser-Busch, probably a better model for what's ahead, more so than Apple. When once producing only a few thousands barrels of beer per year to be shipped on horse carriage, Budweiser now produces hundreds of millions of barrels per year, shipped in containers via semi, train, and ship.

The only difference, beer has been out of prohibition for one hundred years.

Cannabis just getting started.

USA is the worlds largest consumer. Soon to be largest producer.

FLOODGATES

Hemp4Victory

07/25/19 5:54 PM

#111884 RE: BernardSnatager #111831

So maybe my wording was a bit out of context, but what I am getting at is when Apple was starting up that had many questionable relations that just as easily could have led to their downfall. For example, Jobs taking out a $15000 loan to fulfill their first contract with a computer store in the Bay area (The Byte Shop), a company that was known for failing to be able to pay its bills. One of the co-founders of Apple even sold his 10% stake back for $800....a 10% stake is worth about $94,000,000,000 today. Adjusted IPO price for Apple is only $0.39

Also, Jobs and Wozniak were both young and broke at the time of the dealing with "The Byte Shop".

1981; Biotech firm Cetus boasted the then-largest IPO in United States corporate history, and fell apart in the 1990s.

1982; The New York Times cautioned against investing in hyped-up tech companies like Apple.

1996; Monster Energy Corp was trading at $.04 per share, in 2018 Monster traded above $68.