Onward, a Fundrise Production cover image

7: Ben Gilbert & David Rosenthal (VCs and hosts of Acquired): Top investment lessons, what makes the best tech companies, and more

Onward, a Fundrise Production

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The Power of Consistent Compounding Over Time

Apple IPO'd with a market cap of $1.8 billion, which had made it the largest IPO since Ford was 20 years prior. Sequoia invested in Apple for about $3 million and now owns 5% of the company. Most venture firms sell to the public market and dump the stock; why is that so inconsistent? You just have to look at the entire universe of incentives around all the age and set play.

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