NotSoBigShaq
commented on
7
4
NotSoBigShaq
liked
$Rivian Automotive (RIVN.US)$ I think I'll wait till it drops.
5
4
NotSoBigShaq
reacted to
Kobe Bryant, the late NBA legend, was not just a basketball player.
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola (KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years.
He still amazed us after he left.
Mamba Forever!
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola (KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years.
He still amazed us after he left.
Mamba Forever!
233
37
NotSoBigShaq
liked and commented on
NotSoBigShaq
commented on
$Navitas Semiconductor (NVTS.US)$ CEO is ringing the opening bell to start the trading today. That’s good publicity! Looks like opening bid will be 13.45.
26
11
NotSoBigShaq
reacted to
11
3
NotSoBigShaq
liked and commented on
NotSoBigShaq
commented on
$Live Oak Acquisition Corp II (LOKB.US)$ sees its highest 1 day volume since debut. Looks like its under 10.00 days are over as it prepares for merger with Navitas,which will take place before August 20.
14
234
NotSoBigShaq : hmm so we wait now...?