3Par investors made a fortune

September 3 morning news, HP Laptop batteries and Dell Laptop batteries bid 3Par, the final transaction price as high as 2.1 billion U.S. dollars, which for 3Par insiders and investors, is a windfall.

According to "The Wall Street Journal" reports, a total of 800 million U.S. dollars divided by three venture companies: Mayfield Fund (Mayfield Fund), Menlo Venture Capital (Menlo Ventures) and world science and technology partner (Worldview Technology Partners), these three institutions is 3Par of largest shareholder, which together occupy 3Par 38% of the shares.

About 100 million U.S. dollars will flow 3Par CEO David Scott (David Scott) pocket, relatively speaking, 100 million U.S. dollars less than the three major institutional investors much.

In 2001, Scott left HP Laptop batteries to become 3Par CEO, to June 30 only has 290 million shares, 4.6% of total share capital, if the total by 33 dollars per share, worth 95.7 million U.S. dollars.

3Par a founder Jeffrey Price, 3Par of P is to represent him occupies 2% of the shares, worth 41.4 million U.S. dollars. The second founder Exiaokexin Bengal (AAshok Singhal) to June 3 only has 57 million shares, worth 18.8 million U.S. dollars.

Price and Xinjia Er was the SUN engineers, founded after the 3Par, they will remain with the company, jointly held CTO positions.

3Par third founder, Robert Rogers (Robert Rogers) left the company in 2001, Scott took over the CEO position was, 3Par refused to disclose how many shares the name of the founder.

Some outside investors made a fortune. Fidelity Research & Management mutual fund to June 30 only holds a 12.2% stake in the value of these shares have reached 252 million U.S. dollars.

3Par established in 1999, 2004, when the capital had a big change. November 16, 2007 3Par publicly traded, the stock 14 dollars per share, but shares soon plunged, HP Laptop batteries and Dell Laptop batteries in less than 10 U.S. dollars before bidding.

Over the past few years, Mayfield Fund (Mayfield Fund), Menlo Venture Capital (Menlo Ventures) and world science and technology partner (Worldview Technology Partners), the three investment companies invested a total of 183 million U.S. dollars. Market, these companies do not throw away the stock.

HP Laptop batteries's bid 33 U.S. dollars per share after the acquisition, Menlo venture will be 309.3 million U.S. dollars, Mayfield Fund, was 204.6 million U.S. dollars, and the world science and technology partner was 276.6 million U.S. dollars. A month ago, they held shares worth 231 million U.S. dollars, however, now turn to the 790.5 million U.S. dollars.

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