Remove 2005 Remove Math Remove Taxes Remove Valuation
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Transcript: Graeme Forster, Orbis Investments

The Big Picture

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. You don’t have to pay any tax and just let the rest ride. It’s just math stick to it over long periods of time. You give out 5%.

Investing 130
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Transcript: Sean Dobson, Amherst Holdings

The Big Picture

It was a wild ride because by the time you got, well, so in 2005, we went on a road show trying to tell people what we had learned, and there wasn’t a lot of reception. And in the 2000 at the 2005 conference, it’s kind of wild. Maybe the market hadn’t priced something properly. Sean Dobson : It was a wild ride.

Banking 139
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Transcript: Brad Gerstner

The Big Picture

We, we made in 2005, I believe. That 00:15:42 [Speaker Changed] Was first AI investment, 2005. It was about $170 million valuation. So here’s the math, Barry. You take it out tax free as well. Fair Cast was an investment, a series B investment. In fact, we backed the head of artificial intelligence.

Investing 246
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Transcript: Howard Lindzon

The Big Picture

Literally the first check-in to Robinhood, which went public in 2021 at about a $34 billion valuation. RITHOLTZ: 2004, 2005. RITHOLTZ: 2005. RITHOLTZ: He was the first (inaudible) in round B at the higher valuation. Is it about the valuation? He was a pre-IPO investor in companies like Facebook and Twitter.

Media 273
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Transcript: Steve Case

The Big Picture

But thankfully, the next decade, things really accelerated in terms of the growth of the company and growth in the valuation, things like that. Initially, it was started in 2005 and it was called Revolution, but it was just my capital. The math never seems to work out. So we have institutional investors across the platform now.

Startup 156