Labeling him as an early investor would be misleading unless further undocumented investments exist.
He purchased Facebook shares via options in 2020, Facebook founding was 2004 and IPO 2012.There is no credible record of Paul Pelosi being listed among named early private investors.
You either believe him and her, are better investors than Goldman Sachs, or Renaissance Technologies or you believe this is corruption.
You worked for Google? And you cant see the difference between being lucky of joining the one of 2,000 startups that got lucky....Remember the founders wanted to sell Google for
$1Million then dropped the price top 750K...And holding without selling, versus an active options trader like Pelosi husband, who is active all the time and seems to be better than 99% of the traders out there?
One is passive luck, the other is consistent, suspicions, permanent positive performance....
> Paul Pelosi, the husband of Nancy Pelosi, is a retired businessman who founded and managed a real estate and venture capital investment firm called Financial Leasing Services, Inc.. He is also an investor with a portfolio that includes significant holdings in technology companies like Facebook, Google, and Apple.
Oh, wow, a guy who specializes in investing in FAANGs makes the same amount of money on investments as workers at FAANGs who don't diversify? Oh, and it must be insider trading to get such returns on big companies that many other people make a lot of money on? And you are going to convince me that Nancy Pelosi saw that the current AI boom/bubble was going to happen before anyone else because of her role in congress?
I get it, you hate Democrats. But stop making sh*t up when its obvious your stories are bunk.
"...One analysis performed by Auburn University and published in the Journal of Economics and Finance claimed to find that the odds of a return as large as Clinton obtained during the period in question were about one in 31 trillion..."
He purchased Facebook shares via options in 2020, Facebook founding was 2004 and IPO 2012.There is no credible record of Paul Pelosi being listed among named early private investors.
You either believe him and her, are better investors than Goldman Sachs, or Renaissance Technologies or you believe this is corruption.