Wednesday, August 02, 2017

$$$$$

One of my business partners is a young guy. 4 years younger. But heaps richer lol.
He started his business with another guy, who is maybe 1-2 years younger than him. That makes them 33yrs old and 32yrs old this year.

They started their business back when they were 21 or 20. Built it to an impressive size....and yesterday, the first guy, who's on pretty ok terms with me, updated me that they'd sold their controlling shares to a publicly-listed company in Australia. I did not ask what the transaction value was. Nor did he share with me.....

After our conversation, I googled about it. And my jaw dropped.

The deal was valued at S$30million.

OMG lah. When will I ever see such an amount of money? Gosh.
Rupee and rupiah maybe can haha.

As it is they already came from well-to-do families, now their coffers are spilling over. The rich get richer.

But I don't deny as well these 2 guys are smart, entrepreneurial, hardworking and absolute go-getters. I know they worked their assess off in the early days of their business, pulling in 15/16 hour days or even more...becoming their customers own 24/7 technical support (their in the hosting and domain name business) when they couldn't afford to hire enough staff.

Hats off to them for pulling this deal off. :)

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