Chapter
Investing in Tech Company Stocks: An Opportunity for High Returns
30:07 - 34:33 (04:26)
Tech companies growing at 30% per year have the potential to double every two or three years, leading to high returns for investors who are offered equity positions. With the current job market offering one million plus jobs that pay hundreds of thousands of dollars annually, investing in this field can lead to a significant payout.
Clips
The speaker compares the stock options and potential growth of Square to the cash salary offered by Facebook, showing how a seemingly small difference in stock options could end up being extremely valuable in the long run.
30:07 - 32:27 (02:20)
Summary
The speaker compares the stock options and potential growth of Square to the cash salary offered by Facebook, showing how a seemingly small difference in stock options could end up being extremely valuable in the long run.
ChapterInvesting in Tech Company Stocks: An Opportunity for High Returns
EpisodeThe Startup Sins Of Uber, Why Scaling Is Overrated, and More
PodcastMy First Million
Getting a job at a tech company with at least a thousand employees can be a low-risk way to build wealth as these companies are growing quickly, and with valuations relatively low, it provides a good opportunity for those who are good enough to secure the job.
32:27 - 34:33 (02:06)
Summary
Getting a job at a tech company with at least a thousand employees can be a low-risk way to build wealth as these companies are growing quickly, and with valuations relatively low, it provides a good opportunity for those who are good enough to secure the job.