Our Investments
25 Successful exits (acquisitions, IPOs, etc)
25 Successful exits (acquisitions, IPOs, etc)
Cumulative ROI of 11x, or 39% IRR
- Audax Health — acquired by United Health
- Bluekai — acquired by Oracle
- Boku - IPO
- 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
- XL2Web — acquired by Google. (now Google Spreadsheets)
- Zappos — acquired by Amazon
28 still going:
28 still going:
- airbnb
- Bigfoot Biomedical
- Break Media
- Bridge International Academies
- BrightFarms
- Codecademy
- Change.org
- Clara Foods
- ClassPass
- Convoy
- Farmigo
- Fivestars
- Fundbox
- entree.ai
- iBeat
- Indiegogo
- Luminous (Hadi invested, and so did Ali's venture firm, Neo)
- LaHaus (only Hadi invested)
- Prodea Systems
- Reputation.com (via acquisition of PaperKarma)
- Simon
- SpaceX (not a joint investment. only Hadi)
- Thumbtack
- Token (Hadi invested, and so did Ali's venture firm, Neo)
- Viagogo
- Virgin Pure
- WideOrbit
- Zentail
13 unsuccessful (ROI <= 1x):
13 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
- 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