Fun with Hollywood hypotheticals.
From Chris Katje’s”How Much Forrest Gump’s Theoretical Stake In Apple Would Be Worth Today” posted Sunday on Benzinga:
In a scene towards the end of “Forrest Gump,” the titular character says that his friend and business partner Lieutenant Dan took care of their Bubba Gump shrimp money.
“He got me invested in some kind of fruit company,” Gump says, showing a letter with the old Apple Computer logo.
The movie timeline would follow the investment being made in Apple after Hurricane Carmen in 1974 and was likely a hypothetical $100,000 stake for 3% of the company. Apple went public in 1980 after raising money from venture capitalists and angel investors.
“I got a call from him saying we didn’t have to worry about money anymore,” said Gump…
Lieutenant Dan was certainly right that Gump would not have to worry about money anymore if they bought 3% of Apple.
The hypothetical 3% stake in Apple would be valued at $73.29 billion, based on a market cap of $2.44 trillion.
My take: Woulda coulda shoulda.