Jump to content


Photo

Making money from PH Start-ups - Is it possible?


No replies to this topic

#1 DrBubb

DrBubb

    Tri-Millennium Guru

  • Super Admins
  • PipPipPipPipPip
  • 86,377 posts
  • Gender:Male
  • Location:Hong Kong & London
  • Interests:Trading and investing in stocks and commodities. Writing articles on related subjects, while building this website. I am interested in creating ways for communities

Posted 09 February 2017 - 11:42 AM

Making money from PH Start-ups - Is it possible?

 

There are so few examples of Start-ups in the PH going public, and making big money for investors.

 

It seem this is rare, because of the PH culture, which tends to look at Start-ups as jobs, rather than big profit opportunties

 

That may be why this rare story, got a lot of press inside the country:

 

 

 

Meet the 28-year-old tech whiz who's making $4 billion from Snapchat 
 
Feb 6, 2017 

 

Snapchat co-founder and CTO Bobby Murphy. 

 

When it comes to Snapchat’s parent company Snap, which filed for a $3 billion IPO last week, you’re likely more familiar with the company’s CEO Evan Spiegel than its co-founder, Bobby Murphy. But as Snap’s chief technical officer, Murphy remains no less integral to Snap’s ongoing success than its better-known chief executive is.

Born and raised in Berkeley, Calif., the 28-year-old Filipino American co-founder met Spiegel at Stanford University while studying for a degree in mathematics and computational science. Now, with Snap gearing up to go public in March, Murphy is poised to have a whopping $4 billion net worth, according to Forbes.

Here are 4 things you might not know about soon-to-be billionaire:

He makes half of what Spiegel does

According to Snap’s S-1 statement filed last week, Murphy earns $250,000 a year — just half of what Spiegel makes.

==

 

> More: https://sg.finance.y...-010625845.html


The market is "bipolar", swinging back and forth from a focus on Inflation to Deflation. Bet on swings; and stay flexible. What are bipolar markets? See: http://tinyurl.com/GEI-Manix



Reply to this topic



  


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users