For some reason, people tend to think the CEOs of a said company are the only ones making out like bandits. With this concept in mind, comes our latest section on PimpWiz called "Fat Pockets".

It's a shout out to the "guys behind the guy" and each week we will bring you into the old boys club where profits flow like water. Our first story is on two California venture capital firms, Sequoia and Kleiner Perkins. In 1999, they made an investment of $25 Million into a then unknown company named Google. In less than seven years, their investment was turned into 412x its original value investment. Since these investment firms typically get a 20% cut of the profits, Pimpwiz estimates that the 38 partners at Sequoia and Kleiner Perkins split a total of $2 billion between themselves, or $54 million per partner on this deal alone! We don't care if your the Sultan of Brunei, thats some jaw dropping sh*t.

Here is the recap from TheDeal.com:
Led by Sequoia general partner Mike Moritz and Kleiner general partner John Doerr, the two Menlo Park, Calif., firms together invested $25 million in Google in 1999.

Sequoia owned 23.9 million shares of Google at the time of the offering. It distributed slightly more than 7 million shares, valued at over $1.2 billion, to its investors in November and December. At current prices,the remaining shares are worth about $5 billion. Kleiner Perkins has distributed around 18 million of its 21 million shares, worth $3.2 billion, with an estimated $900 million worth of shares remaining.
A PimpWiz Exclusive