by Wall Street Job Report on May 4, 2012
Jim Breyer maintains his hold on the Midas crown this year thanks in large part to his firm’s early $12.7 million bet on a Harvard drop-out with a social network, a bet that turned into a once-in-a-generation investment. With an 11% stake, Accel Partners is Facebook’s second largest shareholder after Zuck (Breyer personally owns 1% and is on Facebook’s board). Breyer is excited about global disruptions happening at the “intersection of media, technology and entertainment, where fundamental content and intellectual property can be leveraged across many distribution models.”
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