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I 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 t
by wheels 16y ago
I 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...