This 46-Year-Old CEO Bets $44.2 Billion on One Stock

by audi4cc | August 8, 2018 7:17 am

What Stock is Motely Fool. Here are some clues:
Currently, this company has:
•over 1 billion users on their social networking platform
•grown cloud computing over 150%,
•one of the top video streaming platforms in the world
•the top news service in the world
•the most powerful gaming divisions in the world, doubling Sony’s revenue in 2017

Source URL: https://www.stockgumshoe.com/2018/08/microblog-this-46-year-old-ceo-bets-44-2-billion-on-one-stock/


  1. Avatar
    Alex
    Aug 19 2018, 02:55:56 pm

    I take that back, it’s Google. CEO is 46. YouTube (owned by google) has over 1 Billion users. They check the cloud computing box, they’re everyone’s first stop for news and answers

    • Avatar
      DiveDoggy
      Dec 28 2018, 10:37:42 am

      Alex is right, but the only problem is that Sundar Pichai has sold 360,000 shares since 2016, including 180,000 shares in 2018 alone. He currently holds 505 shares of GOOGL and 70,377 shares of GOOG.

  2. Avatar
    Paul
    Aug 19 2018, 07:27:26 pm

    I doubt that it’s Facebook – I don’t think the numbers match… Isn’t there a Chinese company with both gaming and social networking? 2U-something or Tencent or whatever…

    Chinese companies make me nervous for investing – accounting fakery up the wazoo, reverse mergers, the possibility of the government making massive changes, arresting CEO’s, whatever they feel like…

  3. Avatar
    J C
    Aug 20 2018, 07:50:43 am

    I don’t have access to Motley Fool, but the hint pretty clearly matches Tencent (HK:0700 or TCEHY are two ways I see it or its ADR listed). It’s valued at $52B (up from when the MF article was written), it is the world leader in online gaming, WeChat is a powerhouse in China, … The stock took a hit recently due to an earnings miss and the Chinese government and press (is there a difference?) is pressuring their gaming division by complaining about the harm it is causing society (shades of Tipper Gore?).

  4. Avatar
    Tai
    Sep 17 2018, 01:11:40 pm

    Could this be Twitch? It is owned by Amazon thus the cloud computing touch. The video streaming comment seems correct. But news service as Twitch doesn’t seem to fit.

  5. Avatar
    Jayntash1
    Nov 8 2018, 09:57:17 am

    Mary Anne Maitner I listened to the boring sales pitch and figured out from the little info they give you your get you to join what the company is (95% sure): Twitch Interactive, inc. It is a wholy owned subsidiary of Amazon. The product website is twitch.tv. HUYA is its trading symbol on the New York Exchange. If you research more info that would be useful to me…please let me know.

    • 11441 |
      Travis Johnson, Stock Gumshoe
      Travis Johnson, Stock Gumshoe
      Nov 8 2018, 01:10:02 pm

      Just FYI, HUYA is a Chinese company that’s effectively a copy of Twitch, they do video streaming of gamers but not a lot else. Twitch is indeed owned by Amazon and, last I heard, was banned in China. That particular tease was definitely pointing at Tencent shares — by far the most valuable gaming-focused company in the world, built on top of their dominant Chinese messaging platforms, though that’s also hurting them recently as China cracks down on video game addiction and has held off on licensing new games (that licensing freeze could last well into next year).

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