Remove Angel Investors Remove Assets Remove Stakes
article thumbnail

OpenAI CEO Sam Altman Has a Major Stake in This Hot IPO Stock. Should You Follow His Lead?

The Motley Fool

In addition to founding and advising start-ups, Altman also has a prolific career as an angel investor. According to Reddit's IPO filing, Altman has invested nearly $60 million into Reddit, giving him a more than 9% equity stake in the business. The rest of us are buying from those first investors.

Stakes 245
article thumbnail

Can I Sell My 50% Share in a Business? Exploring Options

Hedgestone

Moreover, it’s necessary to understand the tax implications of selling your stake. Lastly, don’t overlook the importance of obtaining a fair valuation of your 50% stake and engaging in a negotiation process that reflects the true value of your investment. Engaging a professional appraiser might also be a wise decision.

Legal 52
article thumbnail

Peter Bauer’s big bet on email: Mimecast’s journey from bootstrapped startup to email pioneer

Insight Partners

Becoming Europes market leader in email security The pair raised $10M from angel investors and launched Mimecast in 2003 with an early software-as-a-service (SaaS) model to protect, manage, and optimize email. In 2012, Insight led Mimecasts $62M Series C round , securing a 16% stake in the company. Euphoric is how Bauer puts it.