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And the company was greeted with strong investor reception, closing up 38 percent at $23.51 on F
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stanley cup believed their equity compensation would be worth something eventually. Some employees had been at the company for the full eight years and聽 they have to have a chance to sell that at some point. Okta closed the day with a market cap of $2.1 billion, above the $1.2 billion valuation聽at which they had previously raised capital. Venture capitalists poured about $230 million into the company.聽Sequoia owned the largest stake prior to the IPO, with 21.2 percent. Ctye Instacart cutting wages for shoppers starting March 14
Ram Shriram, a founding board member of Google and one of the Silicon Valley early investors, is 聽shifting his focus back to the U.S. investments as part of the changes in聽Sherpalo Ventures& 8216; strategy. Kleiner Perkins too is following the same strategy. Ram, 57, was worth $1.75 billion as of September last year, according to this Forbes profile. I really believe that the Indian market will evolve, they Ram and Kleiner , just have different priorities now, Murthy said clarifying that Sherpalo and Kleiner are in no way giving any & 8216;thumbs down ; to the Indian opportunities.He added that despite fewer exits, Ind
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