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[return to "3dfx: So powerful it’s kind of ridiculous"]
1. ddeck+G3[view] [source] 2023-03-05 05:16:27
>>BirAda+(OP)
>On the 15th of December in 2000, NVIDIA announced that they would acquire 3dfx Interactive’s assets for $70 million ($121,613,821.14 in 2023) and 1 million shares of common stock.

Those million shares are worth about $5.7 billion today ($238 stock, 1:24 cumulative split since then).

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2. nerpde+E6[view] [source] 2023-03-05 06:10:18
>>ddeck+G3
Heh, I owned 3dfx stock when they folded. I saw 0$ of that transaction.
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3. djmips+fd[view] [source] 2023-03-05 07:40:26
>>nerpde+E6
Pretty sneaky huh?
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4. cowsan+2v[view] [source] 2023-03-05 11:51:40
>>djmips+fd
What’s sneaky? The company was going bankrupt and the deal was approved by shareholders. When you go bankrupt or dissolve, creditors get paid before shareholders. That someone owned shares and saw nothing is how bankruptcy works (and should work).
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