{"id":8918,"date":"2013-09-25T16:12:43","date_gmt":"2013-09-25T15:12:43","guid":{"rendered":"http:\/\/www.betangel.com\/blog_wp\/?p=8918"},"modified":"2013-10-27T13:39:41","modified_gmt":"2013-10-27T13:39:41","slug":"betfair_investor_cash_out","status":"publish","type":"post","link":"https:\/\/www.betfairtradingblog.com\/blog_wp\/2013\/09\/25\/betfair_investor_cash_out\/","title":{"rendered":"Original Betfair investor cashes out"},"content":{"rendered":"<p style=\"text-align: justify;\">News today that Balderton Capital &#8216;cashed out&#8217; it&#8217;s remaining investment in Betfair.<\/p>\n<p style=\"text-align: justify;\">An RNS notice appeared today showing that Balderton had sold 4,227,170 shares bringing their holding from 4.04% to 0%.<\/p>\n<p style=\"text-align: justify;\">The significance of this is that <a href=\"https:\/\/www.balderton.com\/news\/balderton-capital-congratulates-betfair-on-its-initial-public-offering-416\">Balderton were one of the original investors<\/a>. To quote their website: &#8211;<\/p>\n<p style=\"text-align: justify;\"><em>&#8220;Balderton&#8217;s original investment in Betfair was made in 2000 and it remains one of the largest institutional shareholders post the listing. The partners have been actively involved in the development of the business since its formation and Tim Bunting served as chairman in 2006.&#8221;<\/em><\/p>\n<p style=\"text-align: justify;\">Richard Koch also lowered his holding again by selling another 1m shares.<\/p>\n<p style=\"text-align: justify;\">I&#8217;d have to say I&#8217;m not surprised to see people selling after the run up in price, but seeing Balderton completely cash out was a surprise.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" alt=\"\" src=\"https:\/\/www.balderton.com\/images\/logo.png\" width=\"239\" height=\"72\" \/><\/p>\n<p>&nbsp;<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_8918\" class=\"pvc_stats all  \" data-element-id=\"8918\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=betangel\" class=\"twitter-share-button\">Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>News today that Balderton Capital &#8216;cashed out&#8217; it&#8217;s remaining investment in Betfair. An RNS notice appeared today showing that Balderton had sold 4,227,170 shares bringing their holding from 4.04% to 0%. The significance of this is that Balderton were one of the original investors. To quote their website: &#8211; &#8220;Balderton&#8217;s original investment in Betfair was [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_8918\" class=\"pvc_stats all  \" data-element-id=\"8918\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1364,1465],"tags":[18,1721,1795,647,54],"class_list":["post-8918","post","type-post","status-publish","format-standard","hentry","category-betfair_trading_betting","category-industry-news","tag-betfair","tag-cash-out","tag-share-price","tag-shares","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/8918"}],"collection":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/comments?post=8918"}],"version-history":[{"count":1,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/8918\/revisions"}],"predecessor-version":[{"id":8919,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/8918\/revisions\/8919"}],"wp:attachment":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/media?parent=8918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/categories?post=8918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/tags?post=8918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}