Archive for August 11th, 2008

Lightyear Capital Makes Significant Investment in Higher One Holdings, Inc. - MarketWatch

Aug 11, 2008 in Uncategorized, Personal, Higher One

Lightyear Capital Makes Significant Investment in Higher One Holdings, Inc. - MarketWatch

Exciting…. When this deal funds, it’ll be my 1st liquidity event (partial - but hey, it’s still a liquidity event) :-) . Really excited that we were able to build Higher One to the point where an investor such as Lightyear wanted to become involved. Early investors were able to realize more than 20X on their investment and better yet, this deal provided everyone involved with the opportunity for some diversification, while also being able to choose to maintain ownership and participate in the upside as the company continues to grow and increase operating leverage. Congrats to everyone at Higher One. I look forward to seeing the continued growth in the coming years!

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