Thursday, 12 November 2015

Billionaires best kept secret on how to make billions investing in tech startups

Billionaires best kept secret on how to make billions investing in tech startups.

First of all let's start on being an investor or a potential investor!
-investing is a great way to make money, lots of money in the modern world.
-as an investor you get an opportunity to own a part of a company that is by being a shareholder.

......now let's get straight to the point!
What are tech startups?
-A tech startup is a company whose product is to bring technology products or services to market. These companies deliver new technology or deliver existing technology products or services in new ways.

*Eduardo Saverin
-Eduardo Saverin was originally one of the co-founders of Facebook until he was eventually forced out by Mark Zuckerberg. By the end, Saverin had only been able to maintain less than a 10% share in the company. He now makes his money through investment in international tech startups.
-Since the Brazilian born billionaire moved to Singapore in 2009, he's put money into everything from mobile shopping apps to rental car services.
-It should come as no Suprise then that Saverins latest investment is in an online news startup one that covers startups.
-The website, Tech in Asia, announced Saverin’s investment in a post Monday, along with investments from SB ISAT Fund, Walden International, Marvelstone, M&S Partners, and Andrew James Solimine, co-founder of Nitrous.IO, a cloud-based startup for developers, which Saverin has also invested in. The funding round raised $4 million in total.
-In a statement to Forbes, Tech in Asia founder and CEO Willis Wee wrote, “We’re really grateful to have found highly experienced investors like Eduardo who will be able to provide us with invaluable advice, and whose connections we will be able to tap on as we expand.”


No comments:

Post a Comment