3 Tech Stocks That Turned $10,000 Into $100,000
In the venture capital investing business, investors often target a tenfold return on their investment within 10 years. Obviously, venture capital investors need incredibly high returns on their winners to make up for the early-stage companies that inevitably fail, as they typically take on more risk per investment than public market investors do.
However, you don't have to be a well-connected venture investor in private markets to make these types of stunning returns. In fact, some well-placed bets on certain technology growth companies can also lead to mouthwatering returns, right there in the public markets.
Of course, not just any new company will go on to generate this kind of performance. It has to be the right company that delivers the right kind of solution to the right kind of market (preferably, a big one).
Source Fool.com
