If Amazon Got LoveFilm At A $312m Valuation – Who Is Buying The Drinks Tonight?

With Amazon’s purchase of the remaining shares of European video streaming and rental business Lovefilm, comes a welcome exit for the latter’s long-suffering investors, many of whom have been invested in the company since it started way back in the early 2000s. Terms were not disclosed, but we have it on good authority that Lovefilm was valued at around $312 million (here in London we also heard a £200 million figure) for the purposes of the acquisition. Which means that as well as the VC institutions that invested in Lovefilm (Balderton Capital, DFJ Esprit, and Index Ventures), a few individuals will have benefitted as well. Some will have had their liquidity event in 2008 when Amazon bought into Lovefilm originally, some earlier when it merged with Video Island. Some will even wince at this post, wishing they’d not exited long ago. And some will be buying the round of drinks tonight. We’ll let you speculate in the comments as to whom…