3 ms·
Assuming VC's got 30% of the company that's a payout of $15 million from an investment of $6 million giving a little more than 100% a return on investment. Thes
by mixmax 17y ago
Assuming VC's got 30% of the company that's a payout of $15 million from an investment of $6 million giving a little more than 100% a return on investment. These numbers are educated guesses of course, but it doesn't seem like the VC's got a lot out of this. Normally it's expected that the homeruns give a 1000% return on investment.
- stanleydrew 17y ago150% ROI to be exact, which is more than "a little more than 100%," but certainly not the order of magnitude more the VCs were probably looking for. Based on your assumptions though, is it fair to say the founders probably exerted quite a bit of control over when to sell, and if so why do you think they would do that? Desperate to return to Google? ;)