Lucky YouTube investor to buy Andre Agassi's estate for $20 million
That was fast. The trickle down effect from YouTube's sale to Google is already being felt.
Stuart Peterson, president of San Francisco hedge fund Artis Capital Management, has purchased one of the San Francisco Bay Area's most expensive homes, according to The San Francisco Chronicle. As you may recall, Artis Capital Management is the lucky hedge fund that invested in YouTube's $8 million second round of funding alongside Sequoia Capital prior to the online video startup's $1.65 billion sale to Google.
Almost six years ago, Andre Agassi made headlines with the purchase of a $23,000,000 estate in Tiburon. The 11-bedroom house had been on the market for four years and is selling for $4 million less than the original asking price. Not the best “Investment” for Agassi;
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