The Class Of

Cohort profiles: a named group of people, one liquidity event, and what happened to all of them.

3 installments so far. New ones are added as they publish.

1. Part 1The WhatsApp 55Facebook paid $19 billion for a company with about 55 employees — roughly $345 million a head. Where the money actually went, who kept it, and what the two founders…August 22, 2026
2. Part 2The Google Class of 2004About 2,292 people worked at Google when it went public in August 2004, holding at least $3.3 billion of paper. The filings show the rank and file were released to…September 9, 2026
3. Part 3The Y Combinator Summer 2007 BatchNineteen companies pitched at Y Combinator's Summer 2007 Demo Day. One became Dropbox. Seven were acquired for prices that have never been disclosed by anyone. Ten left nothing but a…October 3, 2026

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