How Michael Dell Leveraged His Entire Fortune (& Won)
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Tech & AI Stories My name is Hari and this channel is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, my content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. I also cover the rise and fall of several interesting companies and services that we come across on a day-to-day basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to subscribe if you would like to see any of these topics Logically Answered. Also special thanks to my editors flick5832, imrikon, and vvsnet (Discord)!
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Earn Cash Back On Stocks: Up To $5,000 Per Year https://www.silomarkets.com/logic Did you know that Michael Dell is worth more than Dell itself? That’s right, Michael Dell is currently worth $85 billion while the entire company of Dell is only worth $60 billion. This is quite an impressive feat, being able to surpass the total worth of the main thing that you’re known for. But, this was by no means an easy journey for Michael. In fact, he actually gambled his entire fortune to make it happen. With a net worth of $15 billion, Michael borrowed a total of $70 billion to take Dell private and complete the pricey acquisition of EMC. This not only allowed Michael to transform Dell into an enterprise company but also acquire an extremely valuable asset: VMware. VMware has become the king of virtualization over the past 15 years and Broadcom just acquired the company for $69 billion leading to a massive windfall for Michael. This video tells the story of how Michael Dell gambled his entire fortune and came out victorious. Earn Interest From The Government & Top Corporations: (iOS App for US Residents) https://www.silomarkets.com/download?utm_source=dell&utm_medium=video Free Weekly Newsletter With Insiders: https://logicallyanswered.co/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Gambling It All 3:10 - Taking Dell Private 6:47 - Keeping Dell Alive 10:04 - The Great Pivot Thumbnail Credit: Forbes https://bit.ly/3OZNTT1 Resources: https://pastebin.com/KBwpapsH Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures
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