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This person turned an $18,000 bet on Jet.com into tens of millions

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Working at a startup that gets acquired can feel like winning the lottery. Not working at a startup, but still cashing in on its acquisition, can feel pretty good too, as Eric Martin learned when Jet.com Inc. sold to Wal-Mart Stores Inc. in a $3.3 billion deal.


SEE ALSO: Wal-Mart to acquire Jet.com for $3.3 billion to fight Amazon


Martin, who works for a custom bath installation company, received 100,000 Jet shares last year when he won a contest to see who could get the most people to sign up for memberships to the online shopping site. He spent $18,000 on online ads and came away with a stake now worth millions in one of 2015’s buzziest startups. Read more...

More about Acquisition, Startups, Wal Mart, Jet.Com, and Bloomberg
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