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I always wonder why articles like this don't make any mention of how Ms. Holmes is a billionaire, on paper. She obviously is set up to be an actual billionaire,
by TheBiv 11y ago
I always wonder why articles like this don't make any mention of how Ms. Holmes is a billionaire, on paper. She obviously is set up to be an actual billionaire, however we all know there is a huge difference between private valuations and what someone is willing to pay for the entire company (or on the public markets).
Is this me being too critical?
- hkmurakami 11y agoIn this case they seem to have the revenue to justify a similar public market valuation.
- hkmurakami 11y agoIn this case they seem to have the revenue to justify a similar public market valuation.
- hkmurakami 11y agoIn this case they seem to have the revenue to justify a similar public market valuation.
- aliston 11y agoThese days, founders are taking massive amounts off the table in the large funding rounds you read about. I know of several cases where it has been upwards of 50% of the round (series D/E 100M+ deals). While she doesn't have a billion dollars of liquidity, I wouldn't be surprised if she had 50 million+ in the bank.
- AndrewKemendo 11y agoThat's not how you keep 50% of a company. It's usually cash off the table or keeping your equity.