Keep pulling the thread on Jeffrey Katzenberg, Sujay Jaswa.
Dropbox grew from a cold start to $600 million in Annual Recurring Revenue (ARR) in approximately five and a half years.
WonderCo's portfolio of technology companies is expected to generate approximately $1.1 billion in revenue and $200 million in EBITDA this year.
WonderCo has invested approximately $300 million to acquire its ownership positions, which range from 28% to 80%, in its portfolio companies.
WonderCo's consumer cybersecurity company, Aura, is generating approximately $200 million in ARR.
Aura was started by acquiring a public identity protection company that had declined from a peak of $400 million in revenue to $140 million, with a market cap of around $50 million.
In a beta test of 2,500 children aged 7-18, Aura's product identified that 46% showed signs of depression, 22% had self-harm or suicidal thoughts, and 52% had an eating issue.
The mobile VPN company majority-owned by WonderCo generates approximately $65 million in revenue and $30 million in EBITDA, after being acquired for $20 million.
At the time Sujay Jaswa left Dropbox in 2015, the product had between 400 and 500 million users.
After selling DreamWorks to Comcast, Jeffrey Katzenberg intended to start a holding company modeled after Barry Diller's IAC.
WonderCo has created 10 or 11 companies, eight of which are in the technology sector.
WonderCo's traditional GP/LP fund allocates approximately 55% of its capital to venture investments and 45% to company builds.
WonderCo partner Anthony Saleh was an early investor in Dropbox, Coinbase, Coupang, and Robin Hood.