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Replies to #716 on Roku Inc (ROKU)

cjstocksup

11/15/17 2:46 PM

#718 RE: fortunebuilder1959 #716

This is extremely disturbing about the current ROKU PPS. And this does not include the 98 million preferred shares they just added in the latest 10Q just days ago! Menlo got their shares Series C shares for 9 to 11 cents per share. Fidelity got their ROKU series F shares for .91 cents per share. Now we have 98 million more preferred shares added and these other groups can sell their ROKU shares they got for pennies for $30.00 plus now shares at anytime look at their massive gains! These numbers are staggering and insane. Watch for the red crash ahead!

Menlo Ventures is the company's biggest stakeholder, owning nearly 31 percent of its stock. It got involved after Roku was spun out of Netflix, buying Series C shares at between 9 cents and 11 cents a share, according to PitchBook Data. That works out to a return of between 388-fold and 474-fold for that round.

Fidelity is the second biggest investor, with a 14 percent stake. It got in on the company's Series F round, when shares sold for 91 cents each, according to PitchBook. That's a nearly 47-fold return on the round
.

Roku's market cap is now above $4 billion. It has more than tripled since Roku raised $219 million by selling shares at $14 each late in September.

Bloomberg said Wood's fortune grew by more than $650 million since the earnings were announced last week, pushing it above the $1 billion mark.

The returns of Roku's biggest investors have also ballooned in the past few days.

Menlo Ventures is the company's biggest stakeholder, owning nearly 31 percent of its stock. It got involved after Roku was spun out of Netflix, buying Series C shares at between 9 cents and 11 cents a share, according to PitchBook Data. That works out to a return of between 388-fold and 474-fold for that round.

Fidelity is the second biggest investor, with a 14 percent stake. It got in on the company's Series F round, when shares sold for 91 cents each, according to PitchBook. That's a nearly 47-fold return on the round.


.https://www.bizjournals.com/sanjose/news/2017/11/13/anthony-wood-roku-founder-net-worth-ipo-stock.html