Comments on: Damn — only got 2 times my money http://www.mathewingram.com/work/2007/09/25/damn-only-got-2-times-my-money/ ... at the intersection of media, technology, business and the web Mon, 22 Mar 2010 04:41:25 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Matt Roberts http://www.mathewingram.com/work/2007/09/25/damn-only-got-2-times-my-money/comment-page-1/#comment-334938 Matt Roberts Thu, 27 Sep 2007 21:43:54 +0000 http://www.mathewingram.com/work/2007/09/25/damn-only-got-2-times-my-money/#comment-334938 Actually - being pissed is not that outlandish. They get cash gain of 2 million. Their fund is worth 600 Million. The % Gain is minuscule for the fund. And they were offered no shares in facebook. Which by today's numbers the valuation would have been 10 Times the price of the FB Round in June last year... (according to the Microsoft 1% for 100 Million). So yeah. They can be pissed. They shouldn't have sold out, but i think its more of a case of the head developer saying he'll walk in any event and they should just take what they cold get. Actually – being pissed is not that outlandish.

They get cash gain of 2 million. Their fund is worth 600 Million. The % Gain is minuscule for the fund.

And they were offered no shares in facebook. Which by today’s numbers the valuation would have been 10 Times the price of the FB Round in June last year… (according to the Microsoft 1% for 100 Million).

So yeah. They can be pissed. They shouldn’t have sold out, but i think its more of a case of the head developer saying he’ll walk in any event and they should just take what they cold get.

]]> By: Leigh http://www.mathewingram.com/work/2007/09/25/damn-only-got-2-times-my-money/comment-page-1/#comment-334875 Leigh Wed, 26 Sep 2007 02:18:33 +0000 http://www.mathewingram.com/work/2007/09/25/damn-only-got-2-times-my-money/#comment-334875 go mathew...go mathew (hip hop beat in background) go mathew…go mathew
(hip hop beat in background)

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