November 4, 2019
In October 2009, a Finnish software engineer and one of Bitcoin’s earliest developers sold 5,050 of bitcoin to New Liberty Standard for just $5. Ten years later those same bitcoins...
In October 2009, a Finnish software engineer and one of Bitcoin’s earliest developers sold 5,050 of bitcoin to New Liberty Standard for just $5. Ten years later those same bitcoins are worth over €46million.
That is a nice return in ten years!
While everyday investors are unlikely to be able to replicate the above scenario, it is nonetheless important to be aware of what steps they can take to identify a good investment. Private limited companies looking for investors during early seed and growth phase, also need to be mindful of how they can facilitate investments.
What investors need to consider:
What companies need to consider:
While out of the ordinary cases like the bitcoin example may garner the headlines, for the rest of us the formula for successful investment is simple: knowledge is key and documentation protecting your investment into the future will secure both the investor and the company.
About the author, Gríana O’Kelly, Partner, Corporate and Commercial Team
Contact our office
Make an enquiry