$V: $10k invested at Visa’s IPO in March 2008 would be worth $142k now | Dec 2019

Visa since IPO in March ’08 = maybe the prettiest P&L there is. Revenue 4x and expenses 2x over ~11 years. The S&P dropped ~50% the year immediately after the IPO…and yet $10k invested at the IPO would be ~$142k today. Compounding and operating leverage is pretty cool 😯 pic.twitter.com/mAWW4OlbLd β€” Andrew Reed (@andrew__reed) December […]