4 ms·
Crunchbase says $225M [1], where are you getting the $800M number from? [1] https://www.crunchbase.com/organization/one-kings-lane https://www.crunchbase.com/o
by zaatar 10y ago
Crunchbase says $225M [1], where are you getting the $800M number from?
[1] https://www.crunchbase.com/organization/one-kings-lane https://www.crunchbase.com/organization/one-kings-lane
- josephmx 10y agoFrom the OP Fortune article: Its final outside funding round came in early 2014, at a post-money valuation north of $800 million.
- ctvo 10y agoValuation != invested
- josephmx 10y agoGood point, I missed that
- astrodust 10y agoIt does mean someone bought in at a $800M valuation and now it's valued at $12M. The rate of return is apocalyptically bad. Hell, setting fire to a giant pile of money would probably leave $12M in bills mostly untouched, or at least in a condition you could take to the bank.