By the time a company has an IPO all the venture capitalists and series a, b,c funds
will be cashing out to the public at like 4-10 times what they bought it at....
You shouldn't get into stocks to make money unless you're ....
- a Pre-IPO investor
- creating/selling your own ETF/raising capital
- death-spiral financing
- Insider trading
- Pump and dump
Getting a good yield from dividends is another story, investing to unlock shareholder value
in the future is another as well....
He's a billionaire and older now so maybe he's risk averse probably prefers liquidity and hard assets
Lord knows I been burnt by a cancer drug phase failure 3 years ago....
Stock still ain't recovered...