Evidence receipt / uncertainty
Published · transcript-backedDavid Rosenthal: uncertainty
16 Aug 2022 Acquired Amazon.com
“At a minimum, he held to the IPO, 1%+ of Google. They probably held longer than that, I don't know.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 16 Aug 2022
- Publisher
- Acquired
- Episode
- Amazon.com
Transcript context
…Google, one of the most immediately cash-generative businesses of all time. Oh, my God. They'd walk in the woods before they found the paid search business model and all that, but oh, my God. He's been asked, he's never commented on whether or not he and MacKenzie sold their Google shares. They wouldn't have even had a chance to sell before the IPO. At a minimum, he held to the IPO, 1%+ of Google. They probably held longer than that, I don't know. That's how Jeff and Mackenzie got wealthy. In 2004, Google IPO'd for $23 billion market cap. Their shares would have been worth $230 million at IPO, which was 18 years ago. Since then, over the last 18 years, Google has 65X'd from there.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.