Assuming meta verse is the future, need virtual currency and payment system. Currency could be crypto, FB did try to make one. COIN and SQ should be a beneficiary, right? I want to invest in stocks that could benefit from success of meta verse, and drop the rest.
Bought some DNA this morning but I’m not sure if this is a meme stock or something that can 100x. Just a story (AWS of biotech) sounds good to me but I don’t know anything about the feasibility and the tech itself.
Given Kelly’s spiel, it is surprising that 13 years after it was founded, Ginkgo can’t name a single significant product that is manufactured and sold using its organisms.
No blockbusters? Only flavors?
He compared Ginkgo to an online app store, except that the apps are programmed cells. Like an app store, Kelly says, Ginkgo will eventually profit by taking a cut of customers’ revenues, in the form of royalties or shares. It will be up to them to make and sell the biomanufactured products.
Given current environment, royalties cut App Store may not be a good model.
All of biology is being pushed forward by the ability to read DNA, write it, and use those instructions to program organisms or human cells. By automating the use of these technologies, Ginkgo’s backers believe, the company is uniquely positioned to take a commanding position.
This is on its way to becoming a 100 bagger in the old fashioned way - so far has appreciated 62x in 47 years . Probably will be a 100 bagger in 10 more years
For RE in Bay Area,
At 8% annualized appreciation, house price should be 100x at 60th year.
At 6% annualized appreciation, house price should be 100x at 80th year.
So far, my houses are appreciating at 6-11% p.a.
For RE in Austin
So far, my houses are appreciateing at 12-30% p.a. If 12% is the new sustained annualized rate, would be 100x at 41th year.