There was a good piece by Scott Austin, the WSJ’s venture writer, on how the three venture investors in 3Par have held onto their shares since the company’s 2007 IPO. While the company was buffeted by the difficult stock market over the past few years it was unclear what their eventual return would be – but now it’s looking pretty good! The company is on the good end of a bidding war between Dell & HP, and looks like it will be picked up for almost 2x its IPO price.
The key take aways here (in my opinion) are that sometimes patience is a major advantage, and that is still possible to make money post-IPO for VCs.
3Par is a digital storage manufacturer.
