Author Topic: Who made what from the sale of Slide to Google:  (Read 205 times)

Peter Gibbons

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Who made what from the sale of Slide to Google:
« on: August 05, 2010, 11:05:25 am »
http://techcrunch.com/2010/08/05/heres-what-everybody-made-from-the-slide-sale/

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Levchin, who invested $7m of his own money in the series A round, made $25m from his preferred shares in Slide plus $14m from common stock for a total of $39m.

Scott Banister who also took part in the series A made $5m from the sale.

BlueRun Ventures, who invested $8m in the series B round made $28m.

The Founders Fund and Mayfield Fund, both investors in the series C, each made their money back.

Fidelity Investments, part of the series D: also made their money back.

Keith Rabois, Slide’s VP of Strategy & Business Development made $1.5m from the deal.

Comment from the message board:

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Disgruntled - August 5th, 2010 at 10:58 am UTC
You forgot about all the other employees outside of the top 10 at Slide:

Squat.

I hope those 14 hour days were worth it.


P.S. There were retention bonuses so maybe employees that are still at the company will do OK.
Employees with commons stock that have already left are screwed.

http://news.ycombinator.com/item?id=1578748