3 ms·

2x liquidation preference with 4x cap?

• ivankirigin 11y ago
  yeah, reminds me of sama post about this being debt not VC
• harryh 11y ago
  Almost certainly not. Jet isn't an established business with real traction/growth cashflow. This is definitely a real venture play. It'll either work and they'll be huge or it won't and it'll be worthless.
• kak9 11y ago
  Why when you already got the post money equity at 33%...