Facebook IPO boosts Mark Zuckerberg’s Dollar worth – Part 2

Facebook co-founder Dustin Moskovitz, whose work on the company was depicted in the 2010 film “The Social Network” owns 133.8 million shares, or 7.6 percent. Moskovitz was Zuckerberg’s roommate at Harvard University.

Eduardo Saverin, another co-founder and Harvard classmate who sued Zuckerberg over ownership of the company, isn’t mentioned in yesterday’s filing. Neither are Tyler and Cameron Winklevoss, the brothers whose legal battles with Zuckerberg over Facebook also were dramatized in the Oscar-winning film. Napster co-founder Sean Parker, played by Justin Timberlake in the movie, is mentioned as a shareholder, though the amount of his ownership isn’t included.

Facebook Chief Operating Officer Sheryl Sandberg owns 1.9 million shares, or 0.1 percent. She also holds 39.3 million restricted stock units of the company’s total of about 380 million units outstanding. The shares underlying the units will be delivered to owners six months after the IPO.

Facebook Chief Financial Officer David Ebersman owns 7.5 million restricted units in addition to 2.2 million shares. Michael Schroepfer, vice president of engineering, owns 2.2 million shares and 6.1 million restricted stock units.

The biggest winner among venture backers is Accel Partners, the Palo Alto, California-based firm that invested $12.2 million in 2005. At the time, the site known as Thefacebook had 2.8 million users, all on college campuses. That number has risen to 845 million worldwide, according to the filing.

Even after selling 17 percent of its stake last year, Accel still owns as much as $11.4 billion in Facebook stock, more than twice the combined gains of Sequoia Capital and Kleiner Perkins Caufield & Byers in Google’s 2004 IPO.

Accel’s bet on Facebook came less than six months after the venture firm struggled to raise a $440 million fund. That wager alone is now worth more than 25 times the amount raised for the fund.

Russia’s Digital Sky made its first investment four years after Accel, buying $200 million in preferred Facebook stock for a 1.96 percent stake. Through subsequent purchases, the firm, founded by Yuri Milner and Gregory Finger, amassed 94.6 million shares, or 5.5 percent of Facebook.

Peter Thiel, who provided a seed investment for Zuckerberg in 2004, owns 44.7 million shares, or 2.5 percent of the company. Marc Andreessen, co-founder of Netscape Communications Corp. and a Facebook board member, owns 3.6 million shares, or 0.2 percent, as well as 5.2 million restricted units.

Yesterday’s filing only includes the holdings of investors who own at least 5 percent of stock and the stakes owned by board members and officers.

Other firms that own Facebook shares, including Greylock Partners, Elevation Partners and Meritech Capital Partners, aren’t noted in the table of biggest holders.

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Posted by Usman Khalid on Feb 3 2012. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.