Sequoia advances with Unity’s IPO filing

Sequoia advances with Unity’s IPO filing

A big payday is on the way for Sequoia and its partners, assuming they beat the final manager. Today after much anticipation, computer game engine Unity submitted its Type S-1 with the SEC as it prepares a roadshow to go public in the coming weeks. We discussed quite a bit about Unity’s business basics, item […]
Among execs and creators, David Helgason, Unity’s founder and existing board member, owns 4.4% and John Riccitiello, Unity’s existing CEO, owns 3.4%. What’s fascinating about Sequoia’s stake is how much it has actually grown over the years because the firm’s preliminary Series A financial investment into Unity more than a decade earlier back in 2009. Take a look at this table of all of Sequoia’s investments from its various funds over the years:

While Sequoia did indeed get undoubtedly early with the video game platform, what’s been key for essential over the years has been buying up additional shares through growth investing as well as buying out purchasing sharesTypical presumably from earlier investors, financiers, and perhaps founders. …