Who are Confluent’s owners going into the IPO?
Benchmark Capital Partners VIII is the biggest shareholder with more than 35 million shares – 15.3 percent of common stock owned prior to the IPO.
Entities associated with Index Ventures own just shy of 29.8 million shares for 13.0 percent of common stock prior to the IPO. That’s followed by CEO and co-founder Jay Kreps (29.6 million shares or 12.6 percent), co-founder Jun Rao (24.4 million shares or 10.6 percent) and Sequoia Capital (21.4 million share or 9.3 percent).
In addition to Kreps, named executive officers and board members with stakes in the company include co-founder and former CTO Neha Narkhede (3.6 million shares or 1.6 percent), CFO Steffan Tomlinson (3.5 million shares or 1.5 percent), and field operations president Erica Schultz (3.1 million shares or 1.3 percent).
Altogether, current executive officers and directors collectively own 92.3 million shares or 38 percent.