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Graffiti artist Choe turned $60000 into $200 mn via Facebook stock
short by Arin Verma / on Wednesday, 1 January, 2025
In 2005, graffiti artist David Choe was hired to decorate Facebook's office. Although skeptical about social networks, he chose $60,000 in Facebook stock instead of cash. His shares later skyrocketed to over $200 million after Facebook’s IPO. In contrast, a landlord declined similar opportunity to invest $50,000, influenced by friends’ advice. The same opportunity led to vastly different outcomes.
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