The Silicon Valley Directory profiles 600 Venture Capital,
Private Equity, Angel and Incubator Investors in Silicon
Valley and the San Francisco Bay area.
Wow--
It finally happened! Facebook is now a publicly traded company. This
site was created in May of 2011 to provide readers a breakdown of
Facebook's top shareholders while it was privately-held. Now that
shares are in the public markets, ownership will become significantly
more expansive. Nevertheless, our profiles remain valid, and the percentages
will likely remain decent approximations of ownership for most of
2012. If you like this kind of information, take a look at our site
profiling Celebrity
Venture Capitalists. From Justin Timberlake to Magic Johnson,
Madonna to Ashton Kutcher, celebrities and sports stars are on the
hunt for the next Facebook. Thanks for reading!
Mark Zuckerberg
Status:
Founder, CEO
Age: 27
Residence: Palo Alto, CA
Education: Two years at Harvard University
Facebook
stake: 28.2%
Value: $24 billion
Selected
TIME Magazine's "Person of the Year" in 2010, Mark
Zuckerberg has been credited for connecting the world via Facebook.
Raised in Dobbs Ferry, NY, Zuckerberg began writing software
while in middle school and by the end of high school, he had
co-written a music recommendation program called Synapse Media
Player, which Microsoft and AOL reportedly offered Zuckerberg
a million dollars to further develop. "Zuck" however
turned them down and ran off to attend Harvard. While in his
ivy covered Cambridge dorm, Zuckerberg created Facemash, a website
that compared students' photos side-by-side in a fashion similar
to HOT or NOT.com. After disciplinary action from the school's
administration, Zuckerberg shut down Facemash and began "thefacebook,"
initially only available to Harvard students. Zuckerberg has
since defended the site in intellectual property disputes and
spurned buyout offers from Viacom, Yahoo! and other suitors.
The 27 year old CEO owns 28.2% of Facebook's B shares. Using
an $85 billion valuation, Zuck's stake is worth just shy of
$24 billion.
Status: Venture
Capital Investor
Founded: 1983
Location: Palo Alto, CA
Facebook
stake: 10%
Value: $8.5 billion
Though
too young to drink alcohol, it must have been the $400 bottle
of wine Jim Breyer offered Mark Zuckerberg at a posh Silicon
Valley restaurant that helped seal the deal for Accel
Partners' $12.7 million investment in Facebook. Breyer,
a managing partner at Accel, was hot for a big deal to impress
Accel's less than enthusiastic limited partners. Then Associate,
now Accel Partner, Kevin Efrusy, got the inside lead on an early
stage financing of Facebook by walking up to the firm's Palo
Alto offices, uninvited, on April Fool's Day, 2005. Efrusy's
due diligence uncovered Stanford users of Facebook who not only
used the website, but literally obsessed over it, even missing
their classes to "poke" friends. After a week of back
and forth that saw another Facebook suitor, the Washington Post,
get the cold shoulder, Accel finally nailed a deal that valued
Facebook at $98 million. The $12.7 million investment gave the
firm a 15% stake, and also included million dollar bonuses for
Zuckerberg, Parker and Moskovitz (unusual in a VC round). Accel's
stake (less Breyer's personal one) represents 190 million class
Bshares, valued at over $9.0 billion.
Status:
Former Employee
Age: 27
Residence: San Francisco, CA
Education: Two years at Harvard University
Facebook
stake: 7.6%
Value: $6.5 billion
Man,
was this guy lucky to be Mark Zuckerberg's roommate? Currently
the youngest U.S. billionaire, Dustin Moskovitz was one of the
original founding Facebook cadre. Born in Washington D.C., Moskovitz
met his fellow co-founders at Harvard University in 2004 where
they developed the social networking site from their dorm room.
Moskovitz was an economics major before dropping out of college
to relocate to Palo Alto, CA to work on Facebook full-time.
Credited as both Vice President of Engineering and Chief Technology
Officer, Moskovitz led the technical staff, oversaw the major
architecture of the site, and was responsible for the company's
mobile strategy and development. He left Facebook in 2008 to
start Asana, a company that builds
project management software to help companies collaborate. Moskovitz
was able to garner the title of "United States Youngest
Billionaire" over Mark Zuckerberg because he is eight days
younger than his fellow co-founder.
Status:
Corporate Investor
Founded:
2005
Location: Moscow, London
Facebook
stake: 5.4%
Value: $4.6 billion
Russian
Internet holding company, Digital
Sky, grabbed 1.96% of Facebook stock in May of 2009 when
it spent $200 million at a $10 billion valuation. Digital Sky,
which is largely backed by a wealthy Russian oligarch, is the
owner of Facebook clone VKontakte, the largest social network
in Russia. Under the direction of Managing Partner, Yuri Milner
(pictured), Digital Sky has also amassed sizeable positions
in Zynga and Groupon,
and is reportedly in talks to buy a substantial stake in Twitter.
DST followed its initial stake in Facebook with large block
purchases of stock from existing Facebook shareholders and employees.
Digitial Sky also joined Goldman
Sachs in 2010 for the investment bank's multi-hundred million
investment round, with DST ponying up $50 million for yet another
.1% of the firm (at a $50 billion valuation).
Status:
Former Employee
Age: 29
Residence: Miami, FL
Education: BA/BS, Harvard University
Facebook
stake: 4%
Value: $3.4 billion
One
of the three original founders of Facebook, Eduardo Saverin
was a Harvard classmate of Mark Zuckerberg. Acting as the business
partner of "The Facebook," in 2004, Saverin concentrated on
developing advertiser relationships while Zuckerberg focused
on product development. When Facebook moved its operations to
Palo Alto and Sean Parker gained more influence, Saverin ended
up on the losing side of a power struggle. Initially granted
a 30% stake in Facebook, Saverin's position was whittled down
as institutional investment rounds diluted his shares. Saverin
was born in São Paulo, Brazil to a wealthy Brazilian Jewish
family and was raised in Miami, Florida, the state where he
initially incorporated Facebook. In 2006, Saverin graduated
magna cum laude from Harvard University with a B.A. in Economics.
Saverin at one point owned 5% of Facebook stock. However, as
his name does not appear in the S-1 filing as a five percent
owner, it's obvious that he's trimmed back his holdings substantially.
Currently living in Singapore. Saverin has been spreading his
bucks around and is a major investor in a new social network
called Qwiki, as well as Jumio,
an online and mobile payment product.
Status:
Former Employee
Age: 32
Residence: San Francisco, CA
Education: High School Graduate,
Oakton High School,VA
Facebook
stake: 4%
Value: $3.4 billion
Part
tech genius, part bad-boy, Sean Parker has displayed uncanny
foresight and comprehension of Internet business strategy. However,
his fondness for hard partying and run-ins with the law have
also left him as the odd-man out in business ventures. At the
age of 16, Parker's Virginia home was raided by the FBI when
he was caught hacking systems of Fortune 500 companies. In 1999,
at the age of 19, he co-founded the file sharing (and wrong-side-of
-copyright-law) music service, Napster.
At a trendy Chinese restaurant in New York in 2004, Parker met
Facebook co-founder Mark Zuckerberg and became a mentor and
advisor to the rising entrepreneur. Much like Napster, Parker
was able to foresee Facebook's success and societal contributions
only months into its inception. Acting as the company's first
President, Parker negotiated a deal with Facebook's first investors
Peter Thiel and Accel Partners, giving Zuckerberg absolute control
of the board of directors. Ousted from Facebook in 2005 for
a drug-related arrest, Parker went on to become Managing Partner
of Founders Fund,
a San Francisco-based venture capital shop. Parker still acts
as an informal advisor to Zuckerberg.
Status: Angel Investor,
Member of Board of Directors
Age: 44
Residence: San Francisco, CA
Education: JD, Stanford University
Facebook stake:
2.5%
Value: $2.13 billion
"Just
don't f**k it up," is what Peter Thiel told Mark Zuckerberg
when the two finalized Thiel's investment in the cash-strapped
startup, according to Facebook chronicler David Kirkpatrick.
In late 2004, Thiel became Facebook's first significant outside
investor when he put up $500,000. Initially structured as a
loan, the financing later converted to a 10.2% equity stake
in the company. Born in Frankfurt am Main, West Germany, and
raised in Foster City, California, Peter Thiel has been credited
for launching and/or funding some of the most innovative startups
of the last decade including Paypal,
YouTube, and LinkedIn.
Thiel maintains a seat on Facebook's board of directors and,
in addition, serves as president of Clarium
Capital, a hedge fund, and is a Managing Partner of VC firm,
The Founders Fund.
Thiel is known for being a package of contradictions due to
the fact that he is a gay, Christian, entrepreneur, venture
capitalist, libertarian, lawyer who, in 2010, launched the Thiel
Fellowship, offering $100,000 in cash to aspiring entrepreneurs
under the age of 20 to drop out of school and pursue their business
endeavors. Due to selloffs and dilutions, Thiel's original stake
in Facebook has been reduced to 3%.
Status: Current Employee
Age: 42
Residence: Silicon Valley
Education: BA, Harvard College; MBA, Harvard Business School
Facebook
stake: .1%
Value: Currently
$86 million; $1.8 billion after shares vest
Sheryl
Sandberg has served as the chief operating officer of Facebook
since 2008. Formerly the Vice President of Global Online Sales
and Operations at Google, Zuckerberg wooed her away from Google
after a series of stealthy meetings and dinners at Sandberg's
home. Though her base salary of $300K is modest, Sandberg didn't
leave her Google position for nothing. She is currently sitting
on nearly 1.9 million shares of Facebook stock valued at nearly
$90 million. But the real serious dinero will come down the
road as nearly 40 million shares of restricted stock will vest.
The one-time chief of staff for Larry Summers at the U.S. Treasury
Dept. can then start her own Treasury with approximately $1.8
billion worth of Facebook shares.
Status: Corporate Investor
Founded: 1975
Location: Seattle, WA
Facebook
stake: 1.6%
Value: $1.36 billion
Beaten
in search by Google, and wary of Google's acquisitions in web
video (YouTube) and banner
advertising (Doubleclick) , Microsoft
CEO Steve Ballmer (pictured) was willing to do whatever necessary
to get in bed with Facebook, and seal the Seattle software goliath's
foray into Web 2.0. Though interested in acquiring Facebook
outright, an idea Zuckerberg nixed, Microsoft (NASDAQ: MSFT)
opted for a complicated arrangement that included an advertising
partnership and a small stake in the social network. Microsoft
invested $240 million in the Fall of 2007 at what appeared to
be a nosebleed $15 billion valuation, which garnered Ballmer
a 1.6% position. Eager that the investment not appear inflated,
Microsoft welcomed the participation of Hong Kong billionaire
Li Ka-Shing in the Series D round. Terms also precluded Google
from making an investment in Facebook. The deal looked pitiful
when DST bought a larger stake at a $10 billion valuation less
than a year later. However, Facebook's current $75 billion valuation
means Microsoft's stake in privately-held Facebook has outperformed
its own publicly-traded stock 5x.
Status: Venture Capital Investor
Founded: 1965
Location: Menlo Park, CA; Cambridge, MA
Facebook
stake: 1.5%
Value: $1.275 billion
One
of the oldest VC firms in the country, Greylock
got its piece of the world's hottest tech company by getting
in on Facebook's $27.5 million Series C round. Meritech Capital
Partners also participated in the financing along with existing
investors Peter Thiel and Accel, who chipped in additional funds.
With this financing Facebook was valued at over $500 million,
five times the amount when Accel first invested. Greylock, founded
in 1965, traces its roots to founders Bill Elfers and Dan Gregory,
who both worked at the country's first institutional venture
capital firm, American Research & Development, in Boston.
Status: Venture Capital Investor
Founded: 1999
Location: Palo Alto, CA
Facebook
stake: 1.5%
Value: $1.275
billion
Meritech
Capital Partners gained its Facebook shares by participating
in the company's $27.5 million Series C round. Joining Meritech
in the transaction were Greylock, Accel and Angel investor Peter
Thiel, with the round valuing Facebook at over $500 million.
Meritech Capital Partners was founded in 1999 in partnership
with Accel Partners, Oak Investment
Partners, Redpoint Ventures
and Worldview Technology
Partners, and currently manages more than $2.2 billion in
capital.
Status: Venture Capital Investor
Founded: 2004
Location: Menlo Park, CA
Facebook
stake: 1.5%
Value: $1.275
billion
Once
pilloried with the moniker "world's dumbest VC investor,"
Elevation Partners may
shut up some of its critics with its stealthy purchases of Facebook
stock. Using markets designed to provide liquidity for privately-held
shares, Elevation has reportedly cobbled together a 7.5 million
share position. Its $210 million investment aggregated shares
when the valuation of Facebook was $14 billion. Not too shabby
for the firm whose high-profile investments in Palm andForbes
Magazine deflated rather than elevated. Elevation, which sports
U2 rocker Bono as
an investment partner, manages $1.9 billion.
Status: Angel Investor
Age: 50
Residence: Woodside, CA
Education: BS, Stanford University;
MBA, Harvard University
Facebook stake:
.6%
Value: $510 million
At
the urging of an Associate (Kevin Efrusy), Jim Breyer aggressively
pursued an early stage stake in Facebook in 2005. Breyer was
looking to prove that his Palo Alto based Venture Capital firm,
Accel, still had its mojo, and invested $12.7 million taking
a 15% stake in Facebook, then valuing the firm at $98 million
(less than 18 months after its Harvard dorm room birth). Breyer
also put in $1 million of his own money, giving him a personal
ownership position of around 1%. Breyer has been a lead or co-lead
investor in over thirty consumer internet, media, and technology
companies that have completed public offerings or successful
mergers. In August, 2010, Fortune Magazine named him one of
the 10 smartest people in technology, and "the smartest
investor in technology." In addition to Accel, Breyer invests
as an Angel through Breyer
Capital. Breyer's personal holdings in Facebook are 11.7
million shares, now representing a trimmed down holding of approximately
.6%.
Status: Corporate Investor
Founded: 1869
Location: New York, NY
Facebook
stake: 1%
Value: $850 million
Sterling-plated
investment bank, Goldman
Sachs (NYSE: GS) appears to have the inside track underwriting
a future Facebook IPO with its participation in a $1.5 billion
capital raise. Finalized January of 2011, the transaction included
a $450 million investment from Goldman Sachs, $50 million from
DST, and $1 billion from unnamed foreign investors. The deal
valued Facebook at $50 billion. The financing created controversy
as it appeared to be a way for Facebook to sidestep U.S. securities
laws forcing privately-held companies to make SEC filings once
they reach a 500 shareholder threshold. Facebook stated it will
begin disclosing financial information, or stage an initial
public offering, by April 2012.
Status: Former Employee
Age: 28
Residence: New York, NY
Education: BA, Harvard University
Facebook
stake: 1%
Value: $850 million
Known
amongst Facebook insiders as "The Empath" for his
ability to understand people, co-founder Chris Hughes was the
spokesman for the social networking site. Unlike his fellow
co-founders, Hughes did not write code or generate advertising
sales. Instead, his focus was on the user, making him part customer
service representative, part public relations specialist. Hughes
was born in Hickory, North Carolina, and attended Harvard University
where he met his roommates and Facebook co-founders Mark Zuckerberg
and Dustin Moskovitz. In 2007, Hughes left Facebook to serve
as the coordinator of online organizing for Barack Obama's 2008
presidential campaign utilizing My.BarackObama.com. Hughes was
the subject of an April 2009 cover story in Fast
Company magazine under the headline, "The Kid Who Made
Obama President." The openly-gay entrepreneur graduated
magna cum laude from Harvard University with a B.A. in Literature
and History, and in January 2011, announced his engagement to
partner Sean Eldridge. Hughes currently resides in New York,
NY and is now Co-Founder & Executive Director of Jumo,
a startup that aims to use the social web to foster long-term
relationships of responsibility between individuals and organizations
working to change the world. In March, 2009 Hughes was named
Entrepreneur in Residence at General
Catalyst Partners, a Cambridge, Massachusetts venture-capital
firm.
Status: Angel Investor
Age: 83
Residence: Hong Kong
Facebook
stake: .8%
Value: $680 million
Can
you hear the cash register go "Ka-Ching?" Considered
to be the richest man in the world of East Asian descent, Li
Ka-shing bought a 0.8% stake in Facebook for $120 million in
two separate rounds. The investments were made in 2007 at a
$15 billion valuation, similar to Microsoft's $240 million deal
made earlier that year. Ka-shing began his career at the age
of 15 by working at a plastics trading company where he reportedly
worked 16 hours a day. In 1950, he started his own company,
Cheung Kong Industries, and went from manufacturing plastics
to real estate investment. Estimated to be worth $16.2 billion,
Ka-shing is considered the 16th richest man in the world.
Status: Former Employee
Age: 34
Residence: San Francisco, CA
Education: BA, Yale University
Facebook
stake: .8%
Value: $680 million
Former
Vice President of Product Management, Matt Cohler was the first
external executive hire at Facebook and also one of the first
five employees to be hired by the company's founders. Cohler
joined Facebook in 2005 during the company's critical growth
period and helped drive Facebook's strategy, organizational
growth and product direction. Prior to Facebook, Cohler was
a founding member, Vice President, and General Manager at LinkedIn.
In 2008, Cohler left Facebook to become General Partner at the
Silicon Valley venture firm Benchmark
Capital. Cohler's decision to leave Facebook came shortly
after the departure of co-founder and Chief Technology Officer
Adam D'Angelo, and according to some reports, has left speculation
about the changing dynamic and culture of the company. However,
Cohler continues to act as a special advisor to CEO Mark Zuckerberg.
Status: Current Employee
Age: 56
Residence: San Francisco, CA
Education: BS in Psychology, MA in Computer Science, Vanderbilt
University
Facebook
stake: .8%
Value: $680
million
Jeff
Rothschild was in his fifties and retired when Facebook CEO
Mark Zuckerberg recruited the co-founder of software company,
Veritas. In 2005, Rothschild was brought in as a part-time consultant
by Accel Partners colleague Kevin Efrusy, who had spearheaded
the Facebook deal. However, Zuckerberg convinced the retiree
to take a full-time position with the company. Concerned that
Facebook would undergo a server crash similar to social networking
pioneer Friendster, Zuckerberg sought to utilize Rothschild's
deep knowledge of data centers to avoid such a problem. Since
1979, Rothschild has been active in the areas of storage management,
system software, and networking. Rothschild is now the Vice
President of Technology, leading the engineering team and focusing
on scalability and performance. He is concurrently a Consulting
Partner at Accel Partners,
the first venture capital firm to invest in Facebook.
Status: Former Employee
Age: 27
Residence: Palo Alto, CA
Education: BA, California Institute of Technology
Facebook
stake: .8%
Value: $680
million
Seriously--
does this guy look old enough to even drive? Adam D'Angelo met
Facebook co-founder Mark Zuckerberg while the two were still
teenagers attending "uber" preppy prep school, Phillips
Exeter Academy. Initially, D'Angelo worked on the first "app"
for Facebook called Wirehog, a peer-to-peer file sharing program.
He later went on to become Chief Technology Officer where he
led the Platform Development and Data teams, and oversaw new
product design and architecture. D'Angelo maintained the CTO
position for two years before leaving in June 2009 to co-found
Quora, an online database
of information organized by questions and answers created by
users.
Status: Former Employee
Age: 42
Residence: San Francisco, CA
Education: BA, University of California,
Santa Cruz
Facebook
stake: .8%
Value: $680
million
Owen
Van Natta joined the Facebook team in 2005 as Chief Operating
Officer where he focused on revenue operations, business development,
and strategic partnerships. Van Natta played a key role in Facebook's
early lucrative ad deal with Microsoft, which resulted in the
software company paying $240 million for a 1.6% stake in the
social network, giving Facebook a $15 billion valuation. He
left Facebook in 2008 to serve as Chief Executive Officer of
Project Playlist and in 2009,
became Chief Executive Officer of Myspace.
In 2010, Van Natta stepped down from his Myspace position to
join Zynga as Executive Vice
President of Business. According to Business Insider.com, Van
Natta had aspirations of becoming Facebook's CEO, but left the
company when it became clear to him that Mark Zuckerberg would
not likely be replaced.
Apparently
seeking to be not just another mutual fund company, venerable
Baltimore investor T.
Rowe Price (NASDAQ: TROW) recently joined the social media
investment mania. According to the Wall
Street Journal, T. Rowe Price (which has nearly $500
billion in assets under management) invested a total of $190.5
million in Facebook in April of 2011. The very expensive Facebook
shares were then distributed across nearly 20 separate mutual
funds, including the Science & Technology Fund, New America
Growth Fund, and Media & Telecommunications Fund. Founded
in 1937, T. Rowe Price has aggressively been pursuing a number
of hot private companies, amassing stakes in Zynga, Angie's
List, Twitter, Groupon, and Ning.
Status: Venture Capital Investor
Founded: 1980
Location: San Jose, CA
Facebook
stake: .5%
Value: $425 million
WTI
Partner, Maurice Werdegar (pictured) liked the Facebook story
when he was approached by Sean Parker in the Fall of 2004. A
Venture Lender, Werdegar had previously done business with Parker
via Plaxo, the online Rolodex
startup Parker had founded post Parker's Napster foray. Founded
in 1980, Western Technology
(WTI) is in the business of making high-interest loans to
Technology startups, and bankrolled Facebook's appetite for
computing power by giving the firm a three-year, $300,000 credit
line, which placed a lien on all the equipment. With Facebook
heading toward 500,000 users, WTI also wanted to get in on the
equity action and asked to invest $25,000 at the same valuation
as Peter Thiel. Just a few months later, Parker was back in
Werdgar's office looking for another $300,000. Parker told him
that Facebook's next venture round would value the company at
$50 million, which Werdgar believed was classic Parker spin.
With warrants attached to the second loan, WTI eventually picked
up more stock, ultimately aggregating an enviable .5% stake.
Status: Angel Investor
Age: 44
Residence: San Francisco, CA
Education: BS, Stanford University; MA Oxford University
Facebook
stake: .5%
Value: $425 million
Reid
Hoffman is considered a member of the "PayPal Mafia,"
the community of businesspeople and investors who were founders
or early employees of PayPal.
This PayPal posse later founded a series of other technology
companies such as YouTube,
and Friendster. Hoffman
has been credited with arranging the first meeting between Facebook
CEO Mark Zuckerberg and investor Peter Thiel. Additionally,
Hoffman invested alongside Thiel in the social network's first
financing round. Prior to the funding of Facebook, Hoffman was
the Executive Vice President of PayPal and co-founder of LinkedIn,
where he maintains a position as Executive Chairman. In 2010,
Hoffman went over to the other side of the deal table joining
VC shop Greylock Partners.
Hoffman's $375 million Facebook position represents the current
value of a mere $40,000 investment. Now we can see why seed
stage investing is back.
Status: Angel Investor
Age: 45
Residence: San Francisco, CA
Education: BS, University of Pennsylvania; MBA, Harvard Business
School
Facebook
stake: .5%
Value: $425 million
Mark
Pincus is the co-founder of Zynga,
a producer of online social games such as Farmville and Mafia
Wars. A serial entrepreneur, Pincus snared his Facebook shares
at the first Angel round led by Peter Thiel, where both Pincus
and Reid Hoffman ponied up $40,000 for their slices of the pie.
Prior to Zynga, Pincus founded Tribe.net, one of the first social
networks in 2003. Additionally, he was the founder and CEO of
SupportSoft and also co-founded Freeloader, the first consumer-pushed
information service. In 2009, Zynga was the most successful
company built on the Facebook platform with $450 million in
annual revenue. In 2010, conflicts arose between Zynga and Facebook
due to Facebook's Credits policy, which sought 30% of Zynga's
proceeds. As a result Pincus threatened to take Zynga from the
Facebook platform and launch its own social gaming platform,
ZyngaLive. Although a five-year agreement was reached between
Zynga and Facebook later that year, the exact details of the
deal were not disclosed.
Status: Corporate Investor
Founded: 1870 (predecessor company)
Location: New York, NY
Facebook
stake: .25%
Value: $212 million
One
of the world's largest advertising agencies, Interpublic
(IPG) acquired a stake in Facebook in 2006. As it committed
to spend $10 million placing ads for its clients on Facebook
over the next year, Interpublic shrewdly bought (for less than
$5 million) a half-percent stake in the social network. At the
time, Facebook was focused solely on college students, and Interpublic
CEO Michael Roth saw the social network as a niche youth advertising
vehicle. Headquartered in New York City, Interpublic (NYSE:
IPG) has 40,000 employees and reported full year revenues of
$6 billion for 2009. In August of 2011, IPG announced it would
sell about half of its Facebook shares, which would bring in
approximately $130 million. Interpublic,
owns agencies like Deutsch, Initiative, McCann Erickson, Mullen
and R/GA.
Status: VC Investor and Board Director
Age: 41
Residence: Silicon Valley
Education: BA, University of Illinois at Urbana-Champaign
Facebook
stake: .25%
Value: $225 million
The
web's Thomas Edison, Marc Andreessen is an American entrepreneur,
Venture Capitalist and software engineer known as co-author
of Mosaic, the first widely-used web browser. Also the co-founder
of Netscape, Andreessen got bullied by Microsoft in the browser-wars
of the mid 1990s. Andreessen was born in Cedar Falls, Iowa,
and raised in New Lisbon, Wisconsin. He's currently one of the
web 2.0s most sought after prognosticators and VC investors
(via his firm Andreessen Horowitz), and serves on the Facebook
board. Andreessen Horowitz holds a multi-million share position
in Facebook, but Andreessen himself also is sitting on more
than five million shares of restricted stock valued at around
$225 million.
Status: Former Employee
Age: N/A
Residence: Silicon Valley
Education: Stanford (did not graduate)
Facebook
stake: .2%
Value: $170 million
Justin
Rosenstein may in fact be the most mysterious of all of Facebook's
big stock holders, having received little publicity relative
to players like Sean Parker or the Winkelvii twins. Even David
Choe, the graffiti artist, has gotten a New York Times
piece. A software whiz poached from Google, Rosenstein played
a pivotal role as an engineer with Facebook, leading the technical
team that created the now ubiquitous "Like" button.
Currently co-founder of software company, Asana, Rosenstein's
sizable holdings show up only in the fine print of Facebook's
S-1 filing. Rosenstein possesses a stash of 4.8 million shares
of Facebook stock. Interestingly, Dustin Moskovitz, who owns
7.6% of Facebook (and is the co-founder with Rosentsein of Asana),
lists Rosenstein as trustee of one of his massive trusts (containing
Facebook stock). Apparently the "trust" runs deep
between these colleagues, as Rosenstein lists Moskovitz as the
trustee for his block of FB stock.
Status: Former Employee
Age: 35
Residence: Los Angeles, CA
Education: California College of the Arts
Facebook
stake: .2%
Value: $170 million
David
Choe is an American painter, muralist, graffiti artist and graphic
novelist . According to Wikipedia, Choe achieved art world success
with his "dirty style" figure paintings-raw, frenetic
works which "combine themes of desire, degradation, and
exaltation." On his way to joining the ranks of Facebook
centi-millionaires, Choe previously has seen darker, tougher
times. In his documentary, "Dirty Hands," he admits
to being a shoplifter, and he also claims to have been a looter
in the L.A. riots of 1992. He did jail time in Japan for punching
a security guard at his own show in 2005. Invited to create
murals in the new Silicon Valley offices of Facebook, Choes
opted to get paid in stock, despite believing that Facebook
was "ridiculous." According to the New York Times,
the amount of stock Choe received will vault him out of the
starving artist ranks into the mega-rich.
Status: Venture Capital Investor
Founded: 2009
Location: Menlo Park, CA
Facebook
stake: .18%
Value: $150 million
Andreessen
Horowitz is a venture capital firm founded by Marc Andreessen
and Ben Horowitz. Andressen (Netscape co-founder) who sits on
the board of Facebook and Horowitz (high technology entrepreneur),
launched the firm in June of 2009 with a $300 million dollar
fund. Apparently their limited partners have enjoyed the results,
as the duo recently closed a $1.5 billion fund. In February
2011, Andreessen Horowitz invested $80 million in Twitter, making
the outfit the first venture firm that holds stock in all four
of the most coveted social-media companies: Facebook, Groupon,
Twitter and Zynga. The fund holds approximately 3.5 million
shares of Facebook stock putting its stake at around $150 million.
Status: Corporate Investor
Founded: 1946
Location: Boston
Facebook
stake: .18%
Value: $150 million
Fidelity
Investments is a Boston-based financial services corporation
with a sizable stake in the social network spawned across the
Charles River in Cambridge. Similar to T. Rowe Price, Fidelity
is another large mutual fund company with holdings in the relatively
illiquid Facebook. According to the Boston Business Journal,
there are five Fidelity Investments funds holding shares in
Facebook, which in aggregate, represent an investment of $151
million. One of the largest mutual fund and brokerage groups
in the world, Fidelity acquired its Facebook shares in March
of 2011, at a price of $25 a share.
Status: Current Employee
Age: 41
Residence: Silicon Valley
Education: BA, Brown University
Facebook
stake: .11%
Value: $95 million; $400 million after shares
vest
Currently
Chief Financial Officer of Facebook, David A. Ebersman joined
the social media concern in 2009 after a long stint at biotech
firm, Genentech. Ebersman landed the job shorly after Facebook
ousted Gideon Yu from the position, citing at the time its desire
to find someone with "public company experience."
Ebersman will be living quite well after the IPO, as he currently
sits on 2.1 million shares, and holds another 7.5 million in
restricted stock.
Status: Current Employee
Age: 46
Residence: San Francisco Bay area
Education: BA and MA, Stanford University
Facebook
stake: .11%
Value: $95 million; $370 million after shares
vest
Mike
Schroepfer is an entrepreneur, technical architect and manager
who has been the Vice President of Engineering at Facebook since
2008. He was recently listed as number 20 in the 25 Most Influential
People in Mobile Technology by Laptopmag.com. In 2010 Fortune
listed him, and two colleagues at Facebook's technical branch,
as joint number 27 in their list of the 40 top entrepreneurs
under forty. Similar to his brethren of C-Level execs at Facebook,
Schroepfer holds 2.1 million shares of Facebook, and another
6.1 million shares of restricted stock.
Status: Current Employee
Age: 43
Residence: San Francisco Bay area
Education: BA, Harvard; JD, University of Chicago
Facebook
stake: .1%
Value: $85 million; $250 million after shares
vest
Theodore
Ullyot is an American lawyer and former government official,
and is currently the general counsel for Facebook. Ullyot served
in the George W. Bush Administration from January 2003 to October
2005, including stints as Chief of Staff at the Department of
Justice, and as a Deputy Assistant to the President. Ullyot
holds 1.86 million shares of Facebook as well as another 3.8
million shares of restricted stock.
Status: Angel Investors
Age: Marc, 40; Oliver, 37; Alexander, 32
Residence: Berlin, Germany; Silicon Valley
Education: Marc, JD, Univ. of Cologne. Oliver, Bus. Degree from
WHU. Alexander, MA, Oxford; MBA, Harvard University
Facebook
stake: .1%
Value: $85 million
The
Samwer brothers --Alexander, Marc and Oliver-- are German born,
serial entrepreneurs who participated in the Series D investment
round, along with Microsoft and Hong Kong billionaire Li Ka-Shing.
The trio contributed $15 million to the $375 million round in
2008, which valued Facebook at $15 billion. All in their thirties,
the Samwer brothers have a pretty good track record with investments.
They founded Alando, which they sold to eBay
in 1999 for $54 million; next came Jamba (sold to Verisign in
2004 for $273 million, and now part of News
Corp.); and then the boys invested in German Facebook clone,
Studivz, which sold recently for €100 million. In 2006
they created the European
Founders Fund to support Internet businesses in the U.S.
and Europe. The fund has made investments in LinkedIn,
MFG.com, HomeAway
and ReachLocal. Facebook,
however, was a personal investment of the trio, and not
directed from the European Founders Fund.
Status: Venture Capital Investor
Founded: 1980
Location: New York, NY
Facebook
stake: .1%
Value: $85 million
While
we were all trying to comprehend a $50 billion valuation, reports
surfaced that New York based General
Atlantic had made a deal to purchase approximately 2.5 million
shares of Facebook stock (from former employees), suggesting
a valuation of $65 billion. So let's get this right, Goldman
Sachs buys a stake in Facebook at $50 billion, then Kleiner
comes in at $52 billion. A few weeks later General Atlantic
cobbles a block at $65 billion, and before anyone can exhale
the shares are at $75 billion?! Is this the easiest investment
game going? General Atlantic manages $17 billion in capital,
typically investing between $50 million and $500 million in
both private and public companies. Other Internet holdings for
General Atlantic include Gilt
Groupe, Ali Baba (Hong
Kong) and Mercadolibre
(Argentina).
Status: Former Employee
Age: 31
Residence: Los Angeles, CA
Education: BS, Stanford University
Facebook
stake: .08%
Value: $68
million
Ezra's
got it right. With $60 million bucks you'd be smiling confidently,
sippin' beer and hanging out with hot chicks too. Ezra Callahan
was recruited in 2004 by Sean Parker for his experience selling
advertising space for The
Stanford Daily. Although Eduardo Saverin had been responsible
for developing advertiser relationships, Saverin was still enrolled
at Harvard, and was working from the East Coast while the rest
of the team was in Palo Alto. The Facebook founders were looking
to expand advertising to businesses targeting the college student
demographic, congruent with Callahan's experience. Callahan
started doing Saverin's work, making the co-founder's position
in the company less valuable. Credited as Facebook' first Product
Manager, Callahan later became Manager of Internal Communications
during his last two years with the company. He left the Facebook
team in July 2010.
Status: Venture Capital Investor
Founded: 1972
Location: Menlo Park, CA
Facebook
stake: .073%
Value: $62 million
Founded
in 1972, Kleiner Perkins
Caufield & Byers (KPCB) is considered to be one of the
most successful and influential venture capital firms in the
world. In early 2011, KPCB purchased $38 million in Facebook
stock from other shareholders at a $52 billion valuation according
to the Wall Street Journal. Although KPCB made its mark
during the dot-com era with investments in Amazon.com
and Google, the firm diddled
with un-realized cleantech investments for most of the last
decade. KPCB is now sipping from the social web Kool-Aid, and
has purchased stakes in Groupon,
Twitter, and Zynga,
in addition to Facebook. The navigation towards social networking
investments comes on the heels of KPCB's recently announced
sFund, a $250 million initiative to invest in entrepreneurs
inventing social applications and services.
Status: Enemy
Age: 30
Residence: Unknown
Education: BA, Harvard University; MBA, University of Oxford
Facebook
stake: .022%
Value: $18.7 million
American
Olympic rower Cameron Winklevoss is widely known for his legal
battle with Facebook founder Mark Zuckerberg. While a senior
at Harvard University, Winklevoss and twin brother Tyler, along
with classmate Divya Narendra, conceived the idea for a social
networking site for Harvard students called HarvardConnection,
later renamed ConnectU. They enlisted the help of Zuckerberg
to write code, and after Zuckerberg verbally agreed to finish
the HarvardConnection site, the brothers claimed that he delayed
his work and then developed competitor, "thefacebook.com."
The Winklevoss brothers and Narendra sued Zuckerberg for $140
million in 2004, alleging that he had broken a verbal contract
and copied their idea, in addition to illegally using source
code. In 2008, after competing in the Beijing Olympics, the
jocks reached a settlement with "Zuck," which was
reportedly valued at $65 million. However, in 2010, the "Winklevii"'
claimed they were misled about the value of Facebook stock.
A federal appeals judge recently affirmed a lower court ruling
which said that the twins cannot unwind the 2008 settlement.
We
can't tell these guys apart, so we're not sure who's who in
the photos. But we included pics that will assuredly titillate
our female (and some male) readers. The buff, litigious, preppies
are the sons of Howard
E. Winklevoss, Ph.D., a professor of actuarial science at
the Wharton School of the University of Pennsylvania. Dad also
operates a couple of businesses and is reportedly worth $100
million.
Status: Enemy
Age: 30
Residence: Unknown
Education: AB, Harvard University; MBA, University of Oxford
Facebook
stake: .022%
Value: $18.7 million
Tthe
Winkelvoss boys will be sitting on the other side of the court
room as they are getting sued by Boston cyber-entrepreneur Wayne
Chang, who claims that he got "shtooked" by the
"Winkelvii." Chang, who formed a file sharing network
called i2Hub, claims that he merged his company with ConnectU
in 2004 and together, they formed The Winklevoss Chang Group.
Chang alleges that when the twins filed the patent application,
they omitted his contribution as a co-inventor, leaving him
out of the Facebook settlement loot. We based the Winkelvoss'
equity positions (along with Divya Narendra) on the $10 million
in Facebook stock they reportedly received as part of the 2008
settlement (and assumed it was split three ways).
Status: Enemy
Age: 29
Residence: Chicago, IL
Education: AB, Harvard University; JD, MBA, Northwestern University
(expected 2012)
Facebook
stake: .022%
Value: $18.7 million
ConnectU
co-founder Divya Narendra was born to two immigrant doctors
from India and attended Harvard University in 2000, where he
would later meet fellow co-founders Cameron Winklevoss and Tyler
Winklevoss. In 2002, Narendra and the Winklevoss twins conceived
the ConnectU predecessor HarvardConnection, a social network
for Harvard students that would later expand to other universities.
After utilizing the programming capabilities of two different
Harvard classmates, Narendra approached Mark Zuckerberg for
assistance. When Zuckerberg allegedly did not follow through
on his agreement and later established his own social networking
site, the founders of ConnectU filed lawsuit, which resulted
in a $65 million settlement. Although Narendra continued to
be embroiled in lawsuits surrounding Facebook, he moved on to
co-found the professional investor networking site SumZero
and attends law school at Northwestern University. In a 2010
interview with a Northwestern University publication, Narendra
claims that his involvement with the Facebook lawsuits is what
led him to pursue a career in jurisprudence.
Michael Stern, Editor
Michael Phuong, Associate Editor
Copyright 2012,
All Rights Reserved
Information was obtained primarily from the Facebook S-1 filing,
New York Times, Boston Business Journal, press releases, Wikipedia,
and The Facebook Effect by David Kirkpatrick.
All wealth figures are estimates.
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