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It’s 1999. Shaq is playing cards at the Beverly Hills Hotel.
He overhears two guys talking about search engines and the internet in your pocket.
Shaq walks over and asks “Can you please say that again?”
They talk.
Then Shaq says “I want to invest in this.”
What was it?
Shaq invested (undisclosed amount) in Google’s Series A at a $100M valuation.
As of this writing, Google is worth $1.5T.
That is a 15,000x increase.
And…Shaq still owns some of those shares.
And what about Jeff Bezos?
Most people do not know, but Jeff invested $250K in Google during the early years.
His shares were worth $280M at IPO and $1B+ today (if he still holds them).
What is Shaq and Jeff’s Investment Strategy?
They keep it simple.
“Only invest in things that are going to change people’s lives.”
👋 Let’s connect on LinkedIn.
“Fly High, Burn Bright, Be Curious.”