SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* SEQUOIA CAPITAL IX (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/07/2008	3. Issuer Name and Ticker or Trading Symbol RACKSPACE HOSTING, INC. [ RAX ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,342,566	I	See Footnote(1)
Common Stock	5,864,035	I	See Footnote(2)
Common Stock	1,578,945	I	See Footnote(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* SEQUOIA CAPITAL IX (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SEQUOIA CAPITAL ENTERPRENEURS ANNEX FUND (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SEQUOIA CAPITAL FRANCHISE FUND LP (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SEQUOIA CAPITAL FRANCHISE PARTNERS LP (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SEQUOIA CAPITAL GROWTH FUND III (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SEQUOIA CAPITAL GROWTH PARTNERS III (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SCGF III MANAGEMENT LLC (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SCFF MANAGEMENT LLC (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SC IX.I MANAGEMENT, LLC (Last) (First) (Middle) 3000 SAND HILL ROAD BUILDING 4-180 (Street) MENLO PARK CA 94025 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Includes 4,096,749 shares held by Sequoia Capital Growth Fund III, L.P., 200,655 shares held by Sequoia Capital Growth III Principals Fund, LLC and 45,162 shares held by Sequoia Capital Growth Partners III, L.P. SCGF III Management, LLC is the general partner of Sequoia Capital Growth Fund III, L.P. and Sequoia Capital Growth Partners III, L.P., and the managing member of Sequoia Capital Growth III Principals Fund, LLC. Douglas M. Leone, Michael L. Goguen, Mark Kvamme, Michael J. Moritz, James Goetz, Scott Carter and Roelof Botha are managing members of SCGF III Management, LLC. Each of the filing persons hereto disclaims beneficial ownership except to the extent of his or its pecuniary interest therein.

2. Includes 5,160,350 shares held by Sequoia Capital Franchise Fund, L.P. and 703,685 shares held by Sequoia Capital Franchise Partners, L.P. SCFF Management, LLC is the general partner of Sequoia Capital Franchise Fund, L.P. and Sequoia Capital Franchise Partners, L.P. Messrs. Leone, Goguen, Moritz and Mark Stevens are managing members of SCFF Management, LLC. Each of the filing persons hereto disclaims beneficial ownership except to the extent of his or its pecuniary interest therein.

3. Includes 63,160 shares held by Sequoia Capital Entrepreneurs Annex Fund, L.P. and 1,515,785 shares held by Sequoia Capital IX, L.P. SC IX.I Management, LLC is the general partner of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. Messrs. Leone, Goguen, Moritz, Kvamme and Stevens are managing members of SC IX.I Management, LLC. Each of the filing persons hereto disclaims beneficial ownership except to the extent of his or its pecuniary interest therein.

Remarks:

This report is one of two reports, each on a separate Form 3 on the date hereof, but relating to the same transactions being filed by the reporting persons.

	Sequoia Capital IX, L.P, By: SC IX.I Management, LLC its General Partner, By: /s/ Douglas M. Leone	08/07/2008
	Sequoia Capital Entrepreneurs Annex Fund, L.P., By: SC IX.I Manangement, LLC its General Partner, By: /s/ Douglas M. Leone	08/07/2008
	/s/ Sequoia Capital Franchise Fund L.P., By: SCFF Management, LLC, By: /s/ Douglas M. Leone	08/07/2008
	/s/ Sequoia Capital Franchise Partners, L.P., By: SCFF Management, LLC, By: /s/ Douglas M. Leone	08/07/2008
	/s/ Sequoia Capital Growth Fund III, L.P., By: SCGF III Management, LLC, By: /s/ Douglas M. Leone	08/07/2008
	Sequoia Capital Growth Parnters III, L.P., By: SCGF III Management, LLC, By: /s/ Douglas M. Leone	08/07/2008
	Sequoia Capital Growth III Principals Fund LLC, By: SCGF III Management, LLC, By: /s/ Douglas M. Leone	08/07/2008
	SCFF Management, LLC, By:/s/ Douglas M. Leone	08/07/2008
	SCGF III Management, LLC, /s/ Douglas M. Leone	08/07/2008
	SC IX.I Management, LLC, By /s/ Douglas M. Leone	08/07/2008
	** Signature of Reporting Person	Date
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