AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How Early Investors Need to Be in Companies to Get a 100 X Return
The average starting market cap of these companies was less than 500 million and the companies were fairly substantial businesses already, 170 million or so in sales. So it's not like they're tiny, but there's certainly not 30 or 40 billion dollar market caps either. I wouldn't try to imagine necessarily that gills up 100 X. I'd focus on again those doesn't have a really good business and has a mode it can defend. And then you kind of follow the story and see you go.