Our Investments
29 Successful exits (profitable acquisitions, IPOs, etc)
Cumulative ROI of 11x, or 39% IRR
Audax Health — acquired by United Health
Bluekai — acquired by Oracle
Boku - IPO
Break Media - company closed business after returning 2x original investment
BrightFarms - company-facilitated buy-out of early investors by new investors
Dropbox - IPO
Edusoft — acquired by Houghton Mifflin
Facebook - IPO
Familiar — acquired by Axon
Fonality — secondary sale of shares
Flixster — acquired by Warner Bros
Hampton Creek Foods (now Just) - secondary sale of shares
iLike — acquired by MySpace
IronPort — acquired by Cisco
LinkExchange — acquired by Microsoft
Nervana — acquired by Intel
OPOWER - IPO, followed by acquisition by Oracle
Pinterest (via acquisition of Livestar) - IPO
Playfab — acquired by Microsoft
Snapvine — acquired by WhitePagers
Tellme Networks — acquired by Microsoft
Thinkfuse — acquired by Salesforce
Trialpay — acquired by Visa
Uber - IPO
Vamo — acquired by airbnb
WideOrbit — 6x return after company-facilitated share purchase from early investors
XL2Web — acquired by Google. (now Google Spreadsheets)
Zappos — acquired by Amazon
26 still going:
14 unsuccessful (ROI <= 1x):
Arivale - company shut down. (only Hadi invested in Arivale)
BuyerWeb
Causes - Company is still ongoing, but we wrote down our investment
DeepScale - Company was acquired by Tesla and returned our investment, ie a 1x return
Earn.com - formerly 21e6, acquired by Coinbase, negative return
Farmigo
JamLegend - shutdown and acquired by Zynga
OpenHarbor
Opzi - ran out of cash
Panna - company was acquired but investment return for early investors was 0. (only Ali invested)
Planetary Resources - ran out of cash
PracticeFusion - acquired at a low valuation, negative return
VigLink - acquired, negative investment return
Unnamed - a company that negotiated not to be named here