JoseYaaa
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Kobe Bryant, the late NBA legend, was not just a basketball player.
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola(KO.US$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years.
He still amazed us after he left.
Mamba Forever!
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola(KO.US$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years.
He still amazed us after he left.
Mamba Forever!
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JoseYaaa
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$NIO Inc(NIO.US$ Step back on 40 plus position target 45-47 $Palantir(PLTR.US$ Step back on 25 plus position target 30
$Block(SQ.US$ Step back on 250 plus position target 300
$Roku Inc(ROKU.US$ Break through 330 to buy and target 400
$Block(SQ.US$ Step back on 250 plus position target 300
$Roku Inc(ROKU.US$ Break through 330 to buy and target 400
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