We all know about Marco Arment's "not yacht rich" fortunes from Yahoo's microblog bailout, but what about the venture moneybags? How did the investors get in return for writing checks? A lot.
Crain's reports a series of whopping windfalls for firms like Union Square Ventures, which pulled a 5,000% return of $253 million—that's more than David Karp himself (with around $250 million).
Sequoia Capital - $176 million (700% return)
Spark Capital - $77 million (4,000% return)
Don't forget the people who sat at desks:
The company's first 10 employees will receive an average of $6.2 million in cash; the first 30 will receive an average of $3.3 million in cash, and the rest of the 178 employees will each receive $371,000.
These are probably just rough estimates, but still, enjoy your day job.
Update: According to PrivCo, which compiled these estimates, the employee data is based on "median" numbers.
Update 2: PrivCo emailed in an explanation of its tally:
Update 3: Fred Wilson calls these numbers "total garbage." Given PrivCo's previous financial fuckups, it's certainly possible.
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They hired a lot and gave tons of equity away this year and those hires are not fully vested.
What I want to know if Yahoo will lay them off before they get to vest. Let's wait and see.