In 2009, the following happened:

The German automotive giant Daimler invested in the then little-known company Tesla — $50 million for nearly 10% of the shares.

But…

In 2014, Daimler sold all its Tesla shares for less than $1 billion.

A profit of 20 times.

But there’s a catch.

Today, 10% of Tesla shares are worth over $110 billion.

This is one of the worst "exits" in history.

What can we learn from this story?

#strk