In December 1980, Apple had its IPO. They were not allowed to sell in Massachusetts because they were deemed to be too risky.
At end of the day, the stock had increased in value by almost 32% to close at $29, leaving the company with a market value of $1.778 billion. Apple is now worth over $1 trillion. This was an increase of over 500 times from the end of trading on its first day.
As Apple passes $1 trillion, you may recall that in 1980, Massachusetts barred sales of the IPO, deeming them too risky. pic.twitter.com/w3AjVPyhbu
— CNBC's Fast Money (@CNBCFastMoney) August 2, 2018
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.