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Wow, did their stock actually 10x between when they got there and when they sold it?
by jackowayed 16y ago
Wow, did their stock actually 10x between when they got there and when they sold it?
- wheels 16y agoI have no idea when the YC founders actually sold their Yahoo stock, but when Viaweb was bought, in an all stock deal, at the beginning of June 1998, YHOO was trading at $7/share. Two years later, around the time they left, it was at $70/share. I presume that both since the stock was skyrocketing and that because they had a vesting schedule that they still had a chunk of it when it hit that price. http://finance.yahoo.com/echarts?s=YHOO+Interactive#chart1:symbol=yhoo;range=19960411,20110222;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on http://finance.yahoo.com/echarts?s=YHOO+Interactive#chart1:s...
- jasonkester 16y agoIt was the 90's. That's what stock did. When I bought my Yahoo stock, it went up 62% in the first five days.