2022 BRN Discussion, page-9397

Nvidia's Wall Street JourneyIn 1991, the company went public, offering 3.5 million shares at $12 per share, raising $42 million in the process. The stock closed the debut session Jan. 22, 1999 at $19.7, giving it a market-cap of $626.1 million.

Nvidia's Journey to $100B Market CapThe shares touched a $1-billion market cap milestone in Nov. 1999, the same year of its debut. In another six years, the market cap increased to $10 billion. The market cap doubled to $20 billion in September 2007.

With the stock losing ground, the market cap slipped and it took nearly a decade for the stock to reclaim the $20-billion market cap level. The stock's market cap increased to $20 billion after the gap in April 2016.

It was then a northward bound journey for the stock as well as its market cap. The market cap hit $100 billion for the first time in July 2017. It took 18 years from Nvidia's IPO for the stock to attain the $100-billion market cap mark and 24 years from the company's inception.

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Fast forward to 2022, technology is developing at a much faster rate and companies get valued a lot more forward-looking. However doesn't change the fact that the industry still takes years to achieve the kinds of returns I'm assuming you're looking for. As mentioned, come back in 10 years and see where the Companies at.