Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall
by sharpn on Friday August 21, 2009 @01:22AM
(#777039)
Fair comment, but just how tangible was that $100mm valuation? McAfee anti-virus software appears to have grown primarily through paying for pre-installed trial version placement on new pcs - not through being a 'better product'.
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Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall
by dhouston on Friday August 21, 2009 @04:24AM
(#777196)
Article said a couple years after going public he sold his remaining stake, bringing his total gains to $100mm (presumably cash.)
Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall
by dkersten on Friday August 21, 2009 @08:06AM
(#777364)
The he probably invested in banks (AIG?) and property and got recessioned down to $4M. Or something like that, anyway.
Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall
by knightinblue on Friday August 21, 2009 @10:08AM
(#777539)
If you read the article, it says he invested heavily in Lehman Brothers.