Which links to an online web page
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That belongs to this guy from Israel
On The Same Day He Took His Company Public, Wix CEO Also Sold A Startup For $130 Million
Julie Bort Nov. 8, 2013, 2:29 P
Next-Level Hybrid Cloud netapp.com/HybridCloud Learn about NetApp® Hybrid Cloud. Download Our eBook Today Avishai Abrahami
WixAvishai Abrahami, CEO of Wix
Wednesday was a golden day for Wix CEO Avishai Abrahami, co-founder and CEO of Wix, a Tel Aviv-based company that offers a do-it-yourself website hosting service. The same day he took Wix public, selling almost 500,000 of his shares and pocketing about $8 million, he also sold a startup that he had invested in (and was on the board of), Soluto, he told Business Insider. Shortly after the NASDAQ bell rang, he was running around New York signing papers for the sale. "I was probably the first guy in history to have sold a company and IPO at the same time," he laughs. Soluto was reportedly bought for about $130 million by a U.S. company called Asurion, according to the Israeli news site Haaretz. Abrahami didn't spill the exact sum but did confirmed it was over $100 million. He was an angel investor in the company founded in 2008. It had raised $18 million from a number of investors including Eric Schmidt's Innovation Endeavors fund. As for Wix's IPO, it was being heavily watched by investors in the U.S. and Israel and the results were inconclusive. Wix sold 7.7 million shares, priced at $16.50. Shares didn't pop or sink. That can mean that shares were priced fairly. If shares pop too much after the opening bell, it means that the company could have priced them higher and made more money. Abrahami was happy with the IPO. "If we opened at $16.50 and closed the day at $30, we would have just given away for free a lot of money," he said. The Wix IPO raised $127 million total and the company will use the money to hire more engineers and build new features. As for his personal windfall on Wednesday, he's going to continue to be an angel investor in Israeli startups, he told us. Meanwhile, a number of other up-and-coming Israeli companies are contemplating going public soon. While Wix's IPO wasn't spectacular, it didn't flop. So we'll see how many more give it a go in 2014.
Needless to mention Kenny has quite n interesting resume
Ken Brown
resume:
"currently located in the Melbourne, Australia Office with over 18 years experience programming, designing and managing complex science and technology project types. My background of expertise includes pharmaceutical, government, corporate and institutional facility types both domestically and internationally."Project Experience
Forensic DNA Laboratory Expansion - Fairfax County Virginia
University of Chicago
Navy Medical Research - Biological Defense Research Directorate - Ft Detrick
Amgen - Greenwich, Rhode Island
Pfizer - Toluca Mexico
Pfizer - Barceloneta Puerto Rico
Pharmacia - Dorrdo Beach - Puerto Rico
Connectiv Power - Wilmington Delaware
Merck - Sommerville, New Jersey
Searle - Puerto RIco
Bioport - Lansing Michigan
Abbott Labs - San Fransisco
Chlorox
Princeton Plasma Physics Laboratory, Princeton, New Jersey
San Roque Hydroelectric - San Rogue, Philippines
Ft Bliss Military Museum - El Paso Texas?
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