When the Discovery Cafe was a partnership Joe and I were equal partners. We each put $10,000 into the company and each owned one half of the business.
When Discovery Cafe expanded its partnership to include the Venture Capitalist we essentially sold 40% of the company for $50,000.
How much is my share of the Discovery Cafe Worth?
At the end of September 2000 Apple Computrs (AAPL) had 335,700,000 shares. The price of Apple fell from $53 1/2 to $25 3/4 on September 29, 2000. How much value was lost during this 6 1/2 hour trading day?