SERA2g
Founding Member
It’s only just hit me that this quote is from 2004 and so when we all say 10x Microsoft we’re actually referring to 10x it’s 2004 market cap. I’ve for some reason always assumed it’s current market cap having not considered timing of the quote.Also,
The book: Higher Intelligence written by Peter AJ van der Made
prints the quote on page 100 at the beginning of Chapter 8
"If you invent a breakthrough in Artificial Intelligence so machines can learn, that is worth ten Microsofts."
Bill Gates, 2004
Microsoft’s market cap was $2.9B in 2004.
That would put BRN at $29B and a share price of $16.90.
I’m a little disappointed. $16.90 sounds good, however, it is significantly below what I was hoping over a 10-20 year period.
Can we all please agree to start saying 100x Microsoft?
$290B market cap with $169 share price sounds like something I could settle for.
Cheers