{"id":10324,"date":"2023-11-24T18:41:52","date_gmt":"2023-11-24T18:41:52","guid":{"rendered":"https:\/\/dev.webhostlabs.net\/synergy\/?p=10324"},"modified":"2023-11-24T18:44:13","modified_gmt":"2023-11-24T18:44:13","slug":"double-your-money","status":"publish","type":"post","link":"https:\/\/dev.webhostlabs.net\/synergy\/2023\/11\/24\/double-your-money\/","title":{"rendered":"Double Your Money"},"content":{"rendered":"

Bono shows exceptional investment<\/em><\/h1>\n

judgement in emerging internet stocks.<\/p>\n

Want to double your money? Well then take a leaf out of U2 duo, Bono and The Edge\u2019s investment portfolio spreadsheet and you might learn a trick or two.<\/p>\n

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The pair has just doubled their money on an investment they made in Dropbox, a cloud storage company, which they made in late 2011. It was part of a \u20ac184m second round of fundraising by the company which included names like Goldman Sachs, Greylock, Benchmark and RIT Capital.<\/p>\n

The existing investors, Sequoia and Accel partners also took part in this round which valued Dropbox at \u20ac4bn.<\/p>\n

A few weeks ago the company engaged in another round of funding to the tune of $250m which experts predict will propel it towards an IPO.<\/p>\n

Current indications suggest Dropbox is now worth close to $8bn as investors seek to capitalise on the demand for fast growing internet stocks.<\/p>\n\n\n\n
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