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According to CrunchBase, they've only raised $45M. 16x return after 4 years in business. Well done! https://www.crunchbase.com/organization/quip#/entity https:
by epall 10y ago
According to CrunchBase, they've only raised $45M. 16x return after 4 years in business. Well done!
https://www.crunchbase.com/organization/quip#/entity https://www.crunchbase.com/organization/quip#/entity
- minimaxir 10y agoIt's worth nothing that Mark Benioff invested in the original 2013 Venture round.
- deleted 10y ago[deleted]
- kartD 10y agoIncorrect on the return front. $45M buys a percentage of the company. According to this post (https://www.quora.com/At-what-valuation-did-Quip-raise-their-30M-Series-B https://www.quora.com/At-what-valuation-did-Quip-raise-their...), Quip's last valuation was ~$376M, so a return of 2X.
- joshu 10y agoYou probably should learn how venture capital works.
- jlgaddis 10y agocf. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html