Status: Angel Investor
Age: 50
Residence: Woodside, CA
Education: BS, Stanford University;
MBA, Harvard University
Facebook stake: .6%
Value: $510 million
At the urging of an Associate (Kevin Efrusy), Jim Breyer aggressively pursued an early stage stake in Facebook in 2005. Breyer was looking to prove that his Palo Alto based Venture Capital firm, Accel, still had its mojo, and invested $12.7 million taking a 15% stake in Facebook, then valuing the firm at $98 million (less than 18 months after its Harvard dorm room birth). Breyer also put in $1 million of his own money, giving him a personal ownership position of around 1%. Breyer has been a lead or co-lead investor in over thirty consumer internet, media, and technology companies that have completed public offerings or successful mergers. In August, 2010, Fortune Magazine named him one of the 10 smartest people in technology, and "the smartest investor in technology." In addition to Accel, Breyer invests as an Angel through Breyer Capital. Breyer's personal holdings in Facebook are 11.7 million shares, now representing a trimmed down holding of approximately .6%.
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