38 years ago today, Michael Dell took his company public at $8.50/share out of a dorm room
$1,000 at that IPO was worth $645,880 by 2000Here's the full arc:• 1984: Starts building and selling computers from his dorm room at UT Austin with $1,000• 1988: IPO at $8.50/share. Company worth $85 million• 1989: Ships his first laptop• 1992: Youngest Fortune 500 CEO at 27• 2001: Becomes the #1 computer provider in the world• 2004: Steps down as CEO. Returns 3 years later.• 2013: Takes the company private for $24.4 billion• 2016: Acquires EMC for $67 billion. Biggest tech acquisition ever at the time• 2018: Goes public again• 2026: Trump tells America to "go out and buy a Dell." Stock up 255% since
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