News for hackers. Stuff that matters.

aacc1313

Re:New Relic files S-1 for IPO on Monday November 24, 2014 @01:25AM (#8651284)
Note - the 68.3% includes the key VCs, who are executive directors. The balance is divided up among the other investors and the employees. If you think about it, the founding group/top management team can hope to retain ~30% if they have solid up rounds. Lew, I think, is the sole founder and has a chunk of that 30%. Very impressive indeed, especially given the large fund raise to date.