Yes, supposedly Peter Thiel turned his $2k Roth IRA into $5,000,000,000.00, mostly through large buys of PayPal at .001.
Wondering if that was the actual market price, or an insider deal.
Headline made it sound like anyone could do the same.
Headlines....smh.
Always more to the story......ALWAYS........MUCH MORE. ALWAYS MUCH, MUCH, MUCH MORE
Edit 10 minutes later. Just checked. Yep, insider shares.
From the Internets:
"Peter Thiel is the cofounder of Paypal and got hitched last weekend in Vienna, Austria, to his longtime boyfriend. He tied the knot with Matt Danzeisen, and their wedding was a surprise when everyone was thinking that they are celebrating Thiel’s 50th birthday."
I highly, highly doubt that $0.001 was ever offered to the public.
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