Chegg 2013 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2013 Chegg annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 152

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152

(9) Consists of (a) 7,792,000 shares owned by KPCB XIII and (b) 563,135 shares beneficially owned by
individuals and entities associated with Kleiner Perkins Caufield & Byers, which are held for convenience
in the name of “KPCB Holdings, Inc. as nominee,” for the accounts of such individuals and entities who
each exercise their own voting and dispositive control over such shares. The managing member of
KPCB XIII is KPCB XIII Associates. Brook H. Byers, L. John Doerr, Joseph Lacob, Raymond J. Lane and
Ted Schlein, a member of our board of directors, are the managing directors of KPCB XIII Associates and
exercise shared voting and investment power over the shares directly held by KPCB XIII. The principal
business address for all entities and individuals affiliated with Kleiner Perkins Caufield & Byers is
2750 Sand Hill Road, Menlo Park, CA 94025.
(10) Consists of (a) 21,572 shares held by Gabriel Legacy Fund II, L.P. and (b) 7,388,711 shares held by
Gabriel Venture Partners II, L.P. Gabriel Investment Partners II, L.P. (Gabriel Investment) serves as the
General Partner of such entities. Scott Chou and Frederick Bolander are the managing partners of Gabriel
Investment and share voting and investment power over the shares. The principal business address for all
entities affiliated with Gabriel Venture Partners is 999 Baker Way, Suite 400, San Mateo, CA 94404.
(11) Consists of (a) 51,611 shares held by Foundation Capital VI Principals Fund, LLC (FC6P), and
(b) 4,619,208 shares held by Foundation Capital VI, LP (FC6). Foundation Capital Management Co., VI,
LLC (FC6M) serves as the sole Manager of FC6 and FC6P. William Elmore, Paul Holland, Paul Koontz,
Charles Moldow, Richard Redelfs, Ashmeet Sidana, Michael Schuh, Steve Vassallo and Warren Weiss are
managers of FC6M and share voting and investment power of the shares. The principal business address
for all entities affiliated with Foundation Capital is 250 Middlefield Road, Menlo Park, CA 94025.
23