Apple
Current return on $10,000: $1.7 million
Steve Jobs, Steve Wozniak and Ronald Wayne formed Apple (NASDAQ:AAPL) around their hand-built computers in April 1976, and Jobs and Wozniak incorporated it in January 1997. By December 1980, Apple came public at a $1.79 billion valuation.
While Apple was the pioneer of the PC revolution, the company stumbled during the 1980s, and Jobs was kicked out. It would not be until the late 1990s that Jobs would return, and Apple would change the world with breakout products like the iPod, iPhone and iPad, setting up AAPL’s fantastic charge through the aughts.
Still, it wasn’t until early 2011 that investors would’ve received $1 million on a $10,000 investment. Throw in Apple’s scorching run since then, including Wednesday’s boost to more than $600 per share, and those same investors would be looking at about $1.7 million.
A long-time follower of the IPO scene, back in 1999 Tom started one of the first sites in the space called WebIPO. It was a place where investors got research as well as access to deals for the dot-com boom. Tom also wrote the top-selling book, Investing in IPOs. In it, he covers all the aspects of analyzing an IPO, such as reading the prospectus, detecting the risk factors and understanding some of the arcane regulations. But don’t worry — if that process is too intimidating for you, thankfully Tom will do the legwork for you right here in the IPO Playbook blog.
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