[minimaxir]

It should be noted that "win" is a relative term in Rockmelt's case, since there was only a $60-70M return on a $40M investment.

[orky56]

Fair enough. However for what is believed to be an acqui-hire and a team that has some lofty ambitions, I think the founding team and investors must have been happy that the team/product found a nice home.

[jusben1369]

RIght. But this would never been termed a win by any VC. Perhaps the earliest founders.

[mef]

Wouldn't the VCs have had preferred stock and gotten liquidation preference before the earliest founders?