Red pill, how much did Microsoft IPO's cost?
Edit: $21 a share. $262 currently.
You have to account for stock splits as well. According to intertubes... "Had you invested $1,000 in Microsoft at its IPO, you would have acquired
47 shares at $21 per share. Adjusting for the stock splits, you'd actually have 13,536 shares today with a cost basis of $0.0729 per share. Given Microsoft now trades at $238.73 per share, that translates to a return of 327,401%"
$1000 in 1986, which I had btw, would be over $3M today. But MS isn't even the superstar of tech stocks. If you had purchased cisco or apple and sold it at the right time, you would have done even better I suspect.
www.theguardian.com
