Number
$25K in Blockbuster's 1987 IPO became ~$1M at sale
Sam notes that a $25,000 investment in Blockbuster when it went public in 1987 would have been worth about $1 million by the time Huizenga sold it to Viacom in 1994 for $8.5 billion.
$1M
Value of $25K Blockbuster IPO investment at exit · USD
“And if you would've invested $25,000— and so he would let some friends invest— and if you would've invested $25,000 into Blockbuster when it went public in 1987, it would've been worth about $1 million when they sold.”
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