Netz was started with $5,000,000 as I best recall.
This is from the August 1996 softbank press release,
With its recent additional investment, Softbank's investment in Yahoo Inc. now amounts to $108,250,000 (about \11.5 billion), or 9,515,228 shares. As 25,702,798 shares in Yahoo Inc. will be outstanding after the offering, Softbank will have a 37.02% interest in the
company, making it Yahoo's leading shareholder.
It is very early in the analysis of this transaction, but this sticks out. Any comments? |
