They were doing just fine before, but Facebook's biggest minority owners are about to be catapulted into a far more elite bracket. As we ponder what they'll do with with new millions (or billions in some cases), here's a look at what got them where they are today.
They were doing just fine before, but Facebook's biggest minority owners are about to be catapulted into a far more elite bracket. As we ponder what they'll do with with new millions (or billions in some cases), here's a look at what got them where they are today.
For the colorful and creative David Choe, he was offered cash or stock options as a so-called "adviser" for payment in 2005, Choe chose stock--likely gaining between 0.1% and 0.25% of the company's stock at that point. At IPO this could convert to a value of $200 million.
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here
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Image: Flickr user Brandon Shigeta]
We're looking at an expected $5 billion IPO. So Parker's 4% stake in a post-IPO company, freshly valued around $85 billion, will convert to $3.4 billion.
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here.
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Image: Flickr user Cyril Attias]
Nearly half a billion dollars for Reid Hoffman. His $40,000 investment seems to have netted him a 0.5% stake. In a possible $85 billion company that would lead to $425 million in value.
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here.
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Image: Flickr user Joi Ito]
Donald Graham's stake is said to be worth $39 million for a company valued at $85 billion at IPO
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here.
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Image: Gigaom]
What Chris Hughes will do with his new millions? Hughes has a 1% stake, which translates into $850 million of worth in what could eventually be an $85 billion business.
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here.
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Image: Flickr user Max Souffriau]
For Peter Thiel at 3% of a possible $85 billion company he'll be worth $2.55 billion more. That's a quadriggigillion times return on the investment. A googleplex times...a...well, let's just say if you had $500,000 to spend, it probably wouldn't earn you over $2 billion just seven years later.
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here.
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Image: Udemy]
Early investor Jim Breyer has an assumed 1% stake at an $85 billion IPO would equate to $850 million.
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here.
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Image: Flickr user Hubert Burda]
For cofounder Eduardo Saverin, his settlement with Facebook resulted in him keeping a 5% share, but he's said to have sold it down to 2.5%. At an $85 billion company value, that equates to $2.1 billion.
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here.
What Li Ka-shing will do with his extra millions? A 0.8% stake in a Facebook worth $85 billion at IPO would equate to $680 million for Ka-shing.
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here.
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Image: Sharequotes]
Jeff Rothschild is believed to have an 0.8% stake, which will be worth $680 million after the IPO.
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here.
Sheryl Sandberg has a 0.1% stake, at a post-IPO $85 billion company that's worth $85 million.
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here.
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Image: Forbes]
Dustin Moskovitz has a 5% stake in Facebook, which for an $85 billion company would equate to $4.25 billion. That's around $157 million for every year of his life.
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here.
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Image: Flickr user Kevin Krejci]
The SEC filing reports Zuckerberg's salary this year is $500,000 plus bonuses. He'll be looking at roughly a cool $24 billion if Facebook is worth $85 billion at IPO.
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here.
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Image: Flickr user The Crunchies]
