Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
January 14, 2014 04:37 am GMT

Who Gets Rich From Google Buying Nest? Kleiner Returns 20X On $20M, Shastas Biggest Hit Yet

Nest BaseballGoogle just bought Nest for $3.2 billion cash, and that means the startup's early investors Kleiner Perkins Caufield Byers and Shasta Ventures have struck it rich. Multiple sources say Kleiner invested $20 million in Nest and got a 20X return to pull in $400 million. Meanwhile, the exit appears to be Shasta's biggest win to date.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-LHyu31SjG4/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch