Thursday, February 9, 2023
  • Login
198 Crowd Funding News
No Result
View All Result
  • HOME
  • VIDEO
  • CROWD SUPPORT
  • ARTICLES
  • NEWS
  • BLOG
  • ADS
  • CROWDFUNDING SOURCES
  • BOOKS
  • SPONSORSHIPS
  • CONTACT
  • HOME
  • VIDEO
  • CROWD SUPPORT
  • ARTICLES
  • NEWS
  • BLOG
  • ADS
  • CROWDFUNDING SOURCES
  • BOOKS
  • SPONSORSHIPS
  • CONTACT
No Result
View All Result
198 Crowd Funding News
No Result
View All Result
Home Crowdfunding News

Make Your Fortune from Flying Cars

December 16, 2020
in Crowdfunding News
0
Share on FacebookShare on TwitterShare on Email

[ad_1]

“We wanted flying cars, instead we got 140 characters.”

Those words were written in 2011 by Peter Thiel, the billionaire co-founder of PayPal and Palantir (PLDR), and the first outside investor in Facebook. He wrote them as part of a manifesto for his venture fund, Founders Fund.

His comment was a reference to the state of early-stage investing back then — specifically, that the venture industry seemed to be focusing on light-minded apps like Twitter, rather than on transformational technologies like flying cars.

And certainly, billions of dollars have been tossed at frivolous startups over the years. But if you dig deeper, you’ll quickly see that Thiel’s comment, while poetic, is off the mark:

Plenty of investors have been funding startups that are transformational.

In fact, many of these startups are saving lives — and as you’ll learn today, they’re changing the fortunes of early investors just like you.

Literally Saving Lives

To set the stage here, let me back up for a minute…

As you’re likely aware, the first Pfizer-BioNTech vaccine against the coronavirus was administered earlier this week in New York City.

But the U.S. government has just 100 million doses of the Pfizer-BioNTech vaccine. That’s not nearly enough for everyone who wants or needs a dose.

Which is why, last Friday, the U.S. government bought an additional 100 million doses from Moderna Therapeutics (MRNA).

Alex Azar, secretary of the Department of Health and Human Services, said the Moderna doses should “give Americans greater confidence we will have enough supply to vaccinate all Americans who want it by the second quarter of 2021.”

Tomorrow, Moderna’s vaccine is up for review at an FDA advisory panel. And it’s likely to be approved for use by Friday.

These are exciting times for Moderna. This company is literally saving lives. So it’s hard to believe that, just a few years ago, it was a tiny startup…

A Tiny Startup Grows

In 2010, one year before Peter Thiel wrote his manifesto about flying cars, a biotech company got started in Massachusetts.

In its first funding round, the company raised about $2 million.  At the time, it was valued at about $8 million.

Fast-forward ten years… and today, that company is helping put an end to the most horrific global health crisis in more than one hundred years.

That company is Moderna.

And by the way, as the importance of its technology and vaccine have grown, so has its market cap: it’s now worth about $60 billion.

That means its earliest investors have made an estimated 7,500x their money…

That’s enough to turn a tiny $500 stake into about $3.75 million.

Everything Starts Small

Of course, Moderna isn’t the only startup today working on transformational ideas.

In the biotech world, for example, a startup called Lucira Health just received FDA approval for a Covid-19 test that can be self-administered at home. This opens the door for us to reopen schools, offices, and restaurants — and help us get back to “normal.”

And meanwhile, dozens and dozens of startups are working on important ideas ranging from sending aircraft into space, to, you guessed it, flying cars.

All the Right Reasons

Plenty of early-stage investors have made fortunes by getting in at the ground floor of light-minded startups like Facebook, Twitter, or Snap.

And if you ask me, aiming to earn a fortune is an excellent reason to make an investment.

But keep in mind…

Plenty of startups today are aiming to transform how we live, and even how long we’ll live.

So remember…

Whether you’re interested in building a fortune, helping humanity by fostering transformation, or anything in between, there are no wrong reasons to invest in startups!

Here are a few for you to explore today — from a potentially transformational at-home diagnostic testing company, to an esports betting platform, to “WeWork for Weed.”

Happy Investing!

Please note: Crowdability has no relationship with any of the startups we write about. We’re an independent provider of education and research on startups and alternative investments.

Best Regards,
Matthew Milner
Matthew Milner
Founder
Crowdability.com

Comments

[ad_2]

Source link

Tags: CarsFlyingFortune
ShareTweetSend

Related Posts

Crowdfunding News

Learning To Play Piano Is Made Easy With PopuPiano

June 3, 2022
Crowdfunding News

Solana Teaches Crypto Investors a Critical Lesson

June 3, 2022
Crowdfunding News

Caught naked!? | Crowdability

June 2, 2022
Crowdfunding News

EP #395 The Formula Nebia Towel Used To Raise $167,750 On Kickstarter

June 2, 2022
Crowdfunding News

News Fix: Startups Face a Souring Economy, SpaceX Skyrockets to $125 Billion

June 1, 2022
Crowdfunding News

Top 5 Crowdfunding Campaigns – May 2022

June 1, 2022
Load More
Next Post

Indonesia Is Bringing Free Wi-fi To More Than 1,000 Villages This Year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST STORIES

Between Music – Crowdfunding video

June 5, 2022

Attacking A Market Failure With Candice Matthews Brackeen

June 5, 2022

Crowdfunding video – Kabeção 1st solo Album – Touching Souls

June 5, 2022

The Gecko – Failure is not an option

June 5, 2022

Roller Kingdom Crowdfunding Video

June 4, 2022

Introduction – Art of Failure with Eli Zelkha

June 4, 2022

Radbahn Crowdfunding Video + Fast Forward Science 2017 Film

June 4, 2022

Jorge Newbery at Failure Lab

June 4, 2022

Outland Denim Equity Crowdfunding Video

June 4, 2022

What I learned about Failure, Loneliness, and Red Lizard at the Spark Fest Cebu

June 4, 2022
Load More
198 Crowd Funding News

Own and operated by The Ike Lemuwa Group, LLC a Commonwealth of Virginia Limited Liability Company, USA.
Info@nigeriasmartnews.com / info@ikelemuwagroup.com
Toll-Free: 1 888 642 8433
3821 Dominion Drive Dumfries, Virginia, 22026. USA

Categories

  • Home
  • Crowdfunding News
  • Blog
  • Articles
  • Sponsorship
  • Crowd Support
  • Crowdfunding Sources
  • Partner with 198TILG Mastermind Platinum Group
  • Video

Recent News

  • Between Music – Crowdfunding video
  • Attacking A Market Failure With Candice Matthews Brackeen
  • Crowdfunding video – Kabeção 1st solo Album – Touching Souls
  • The Gecko – Failure is not an option
  • Roller Kingdom Crowdfunding Video
  • Home
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2021 198 Crowdfunding News.

No Result
View All Result
  • HOME
  • VIDEO
  • CROWD SUPPORT
  • ARTICLES
  • NEWS
  • BLOG
  • ADS
  • CROWDFUNDING SOURCES
  • BOOKS
  • SPONSORSHIPS
  • CONTACT

Copyright © 2021 198 Crowdfunding News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In