Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank
by woah on Thursday June 24, 2021 @05:57PM
(#27624368)
Are you saying that Peter Thiel should have known that he would turn PayPal into a multibillion dollar business, and because of this, the shares were not really worthless?
EDIT: That was sarcastic, but re-reading, that basically is what the article is saying:
> Get a sweetheart deal to buy a stake in a startup that has a good chance of one day exploding in value.
EDIT: That was sarcastic, but re-reading, that basically is what the article is saying:
> Get a sweetheart deal to buy a stake in a startup that has a good chance of one day exploding in value.
20-20 hindsight