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

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#1 DrBubb


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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

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