>And ValueClick in Westlake Village, Calif., which offers performance-based online advertising services, acquired Click Agents.com in Fremont, Calif., which offers those same services. As part of the deal, Click Agents shareholders will receive 5.3 million shares of ValueClick stock, valued at an estimated $20 million to $24 million.
>Click Agents, which has 31 employees and revenue estimated at $14 million, will initially operate as an autonomous unit of ValueClick. Gurbaksh Chahal, 26, chairman, chief executive and president at Click Agents, continues as president.
(Source: search nytimes for ClickAgents its November 8, 2000 (the url is obnoxious)).
(26 in 2000? Weird)
He likes to say $40 million since that was the value of the shares when the deal was announced. Sort of silly but that is true. However he asserts that he got some amount in between. He could of but not if he didn't own all of the shares (he could of but that would be weird since he was talking about sweat equity) or if he sold between 2001 and early 2003.
Interestingly, if he had just held those shares until May 25, 2007 he (or the shareholders collectively) would have had $173.2 million.
This didn't come up in the interview but this comes out about BlueLithium on nytimes:
>It is backed by venture capital firms including WaldenVC and 3i.
http://dealbook.blogs.nytimes.com/2007/09/05/yahoo-buys-blue...
Given that the VCs had a portion of this venture as well as the people from Belarus that got $15 million its seems likely that G could have gotten more money by selling ValueClick's stock after holding it then doing any work in that period of time.