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Chris Sacca credits teenage commodity trading as foundation for $1.2 billion investing career

By

Tom Huddleston Jr.

3h ago· 4 min readenNews
Bagel score 90 of 100
90/100
Golden Brown
Bagelometer↗

The kind of bagel that ruins lesser bagels for you.

Score90TypenewsSentimentpositive

Summary

Chris Sacca, now a billionaire worth $1.2 billion from early investments in Uber, Instagram, and Kickstarter, traces his investing origins back to trading live hog futures at age 13-14. He was introduced to commodities trading through a family friend who ran a construction equipment rental business, an experience he describes as seminal to his later success as a venture investor.

Key quotes

· 2 pulled
I started trading commodities when I was 13 or 14 ... And I was trading live hogs.
I can't tell you how seminal that experience was
Snippet from the RSS feed
Chris Sacca made a fortune as an early backer of tech companies like Uber and Instagram. As a teen, he started trading commodities with the help of a family friend.

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