kalel said:
Hi guys,
I just sold part of my SaaS. Currently have 750k USD in my new LLC in Citibank US.
What would you guys do with that amount in terms of investment? Mid-High risk high returns?
Would love to hear from you guys? Also if you have some interesting biz ops would love to talk 1on1.
Cheers.
Click to expand...
$META and I will tell you why.
VR feeds perfectly into the remote work trend and on top of that you get Instagram, WhatsApp and Facebook for 11 P/E. Also, costs of goggles will go down exponentially as the world is driven by exponential functions nowadays, and once VR becomes mainstream $META will have a big lead.
In terms of exponentiallity:
- $AAPL realized telephone costs went down, Apple became one of the most successful companies on earth. Ballmer missed this and got ousted as $MSFT CEO (when telephones were still too expensive to be viable).
- $MSFT realized cloud costs would come down, Satya realized and created Azure (when cloud was still too expensive to be viable).
- $TSLA realized battery costs would come down, Elon realized and created Tesla (when eCar was still too expensive to be viable).
- $META realized VR costs would come down, Zuck realized and create Meta (when VR was still too expensive to be viable). ????
Seems to me like a great, if not amazing, play in terms of risk / reward. Too many companies died because their CEOs were complacent and were not going to risk a steady business to remain competitive a decade from now, like Kodak for example.