Exit Activities. Between 2015 and the first half of 2016, Sequoia Capital realized 21 exits; 4 IPOs and 17 acquisitions. Some of the most important exits refer to (CB Insights, 2016): • The acquisition of cancer drug start-up Stemcentrx by AbbVie for as much as $10.2 billion. Sequoia first invested in the firm in 2014 ($200M in Series F). • The acquisition of Jasper, “a software platform for the Internet of Things”, made by Cisco for $1.4 billion in early 2016. Sequoia was a Series-A investor in this firm. • The IPO of Square at a $2.9 billion valuation in November 2015. Today, Square has a market cap of $3.2 billion. Sequoia first invested in the firm in January 2011 ($31.8 million in Series B). The scatterplot in Figure 6 illustrates the …show more content…
Jim Goetz’s is mainly focused on mobile and enterprise software firms, and he also sits on the boards of three public firms he led to IPO in the last few years: (1) Palo Alto Networks; (2) Barracuda Networks; and (3) Nimble Storage. Among others, his board portfolio also includes gaming companies and game-maker support platforms such as Pocket Gems and Chartboost (ibid., …show more content…
Before joining the firm, he worked for renowned computer companies, e.g. HP, Sun Microsystems, and Prime Computer. His Sequoia portfolio includes companies such as PlanGrid, Nubank, and Medallia (CB Insights, 2016). Alfred Lin is most well-known for leading Zappos from a small start-up firm to its $1.2 billion acquisition by Amazon in 2006. After that, he joined Sequoia and he mainly deals with consumer internet, enterprise, and mobile firms. He represents Sequoia on the board of Airbnb, where Sequoia was the first institutional investor, as well as a crucial partner in all other investment rounds. Among other companies, Lin sits on the boards of DoorDash, Stella and Dot and Houzz (CB Insights, 2016). Roelof Botha started working for Sequoia after leading PayPal through its IPO and acquisition by eBay. At the firm, he led the initial financing of YouTube in 2005 as well as investments in Instagram and Tumblr. In addition, sits on the boards of Square, Natera, MongoDB, Eventbrite, and so on (ibid., 2016). Bryan Schreier came to Sequoia from Google where he took on the role of a senior director. At Sequoia, Schreier sits on the boards of three start-ups valued at more than $1 billion, including Dropbox, Qualtrics, and Thumbtack (CB Insights,
There are over 30 Sr. VPs and VPs holding various positions at the San Francisco
He has served as director in over 40 public companies and also serves as a
BOARD OF DIRECTORS: - There were ten board of directors in Lehman brothers and the CEO (chairman and chief executive officer) was Richard Fuld. His main Motto was that he...
Pennsylvania's Corporate Laws have very stringent antitakeover statutes. In order to get around some of these statutes the deal has been split into a two-tiered offer. First CSX will pay $92.50 per share in cash for the first 40% of the acquisition shares. This front-end offer will be separated into two stages. The first
Cuban told Yahooo “they were where they wanted to be, so you’re either gonna have to buy us or compete with us” (Bloomberg). I love this. Mark knew that he could beat these guys and this shows his competitive nature. This also probably surprised the owners of Yahoo that someone would fire back at them. While Mark was negotiating prices with Yahoo, colleagues told him it was only worth 100 million, but he was convinced it was worth at least 1 billion.
We are ‘locked-in’ future growth with important new licensees signed and significant contracts renewed. Seven of our top 10 licensees are now on contracts which have at least three years remaining and our pipeline of new licensees and structured agreements remains strong.” He also spoke on how Playtech plans to continue to reward investors, “Due to the strength of its balance sheet and its continuing cash generation, Playtech is in a position to return capital to shareholders with no impact on its ability to make
The co-founder, Mark Butler, owes a major note to the other original partner, who Mark bought out. He has a mortgage on his 12-year-old house and no other significant investments. Mark’s personal references indicate that he is hard-working and watches his business very closely.
Aside from being CEO of Zappos.com, he is also the co-founder of Link Exchange and the general manager of Venture Frogs, LLC, which is an investment firm that invested in startups like Ask Jeeves, and of course, Zappos.com.
Above is my original data. In the graph, it can be seen that there are
Sergey Brin Co-Founder he shared responsibility for the company’s day-to-day operations with Larry Page and Eric Schmidt .
After he graduated from Princeton, Jeff joined a high-tech startup in New York called FITEL, which was building a network to facilitate international trade. After two years at FITEL, he joined Bankers Trust Company. At Bankers Trust, he setup computer systems that managed $250 billion in assets and eventually became the company's youngest vice president.
Loos, N. (2006). Value creation in leveraged buyouts: Analysis of factors driving private equity investment performance. Wiesbaden: Deutscher Universitäts Verlag.
There were many strong points in Bezos’s business plan. He carefully planned every detail of this business. One of the key strengths that Bezos relied upon was his unique understanding of both computer science and marketplace economics. His degree in computer science combined with his years working on Wall Street gave him a broad perspective on the e-commerce market. He understood what the technology would look like in order to make his ideas reality. He also had a firm grasp on the economics of the market. He knew that branding would be the essential differentiating factor between him and his competitors. He also knew that the best way to establish a strong brand was by putting your customers needs and wants first and letting the investors take care of themselves. He did not care for the idea that good customer service was just a way to drive profits. Instead he took the approach that good customer service is a way to drive growth, which in turn would drive better customer service.
This graph shows the result that I expect to get, I expect to see a
Jeff Weiner has been ranked amongst the top 50 CEOs by Glassdoor consecutively for the past 4 years (ranked No.1 in 2014). His humane management skills and charismatic nature has received praise across the industry. After his appointment as CEO of LinkedIn, not only has LinkedIn grown its employee base, but has successfully transformed from a start-up company into a public company in