Either way this definitely returned the fund for USV. If this was out of their 2004 fund ($125m) and the follow-ons came from reserves from that fund, getting

Either way this definitely returned the fund for USV. If this was out of their 2004 fund ($125m) and the follow-ons came from reserves from that fund, getting $281m back on say $30m of paid in capital (upping ispivey's estimate and from his comments assuming Fred took more than pro-rata later) is a smashing success for a VC even if the deal was "just" ~9x overall for all capital. Congrats.