Definition of rich varies based on ambitions of individuals. Some may find success working at well-paid job and possibility to give enough time to family. Other may choose to pursue bigger goals and sacrifices personal life. But even after that, there are external forces such as government , taxes etc. which impact the worthiness of wealth.
Any company want to go public, can choose to do so through IPO or Direct lising. IPO is more conventional way, but it comes with a huge cost, therefore some commanies choose direct listing. But direct listing doesn’t guarantee sell of all shares, remove greenshoe option etc.
Apple Inc. started it’s business with Macintosh personal computers, then further they launched iPod, iPhone etc. Till 2010 Apple was heavily focused on hardware based business. But now world has changed Apple’s product portfolio has increased from almost 20 products in early 2000 to 90+ products and services in 2020.
The world is becoming more and more digital and mobile. At the heart of this revolution is the processor. Qualcomm leads the market, it dominates of 32% of the market. Next to it, is HiSilicon with only 27% market. Rest market shared by Apple and other players.
Businesses like Facebook, Instagram, YouTube, Netflix, Prime Video etc. have great and tremendous amount of content. They deliver there content on various devices located worldwide. In this case speed of delivery is very important. CDN comapnies have their wide networks worldwide, which helps these content provider comapnies to deliver it fastly.
High margin businesses, such as Craigslist runs on higher profit margin. But more often they don’t want to share it with general public. That’s why they never choose to go public. This also allows them to keep their finances and operations secret.