“He bet all the million dollars into a stock of MercadoLibre… went public at $18 per share and quickly rose to around $80… position became worth approximately $4 million.”

Marc Stad · Buyers and Builders · Marc Stad: From $0 to $40 Billion (The Extraordinary Story of Dragoneer's Founder)

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What was described

Invested a $1 million internship capital entirely into MercadoLibre stock, holding through IPO, turning the position into ~$4 million (half profit to him ≈ $2 million)

$1 million invested → $4 million position; half profit ≈ $2 million

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