3 ms·

You made no savings from the 5x sale? It is a lot easier to have a less stable job if you have a few mil in the bank.

• quickthrower2 9y ago
  What does 5x mean? How is that millions?
  • ericd 9y ago
    I read it as they sold for 5x their seed valuation, which is typically at least a few million, and is occasionally as high as $15M.
    • exogeny 9y ago
      Yes, this is correct; we returned 5x the value to our investors. Apologies for the inelegant wording.
• exogeny 9y ago
  Sure, I have lots of savings. But I also have children who will want to attend college, a mortgage, a lovely wife who is pursuing her non-mercenary interests and whole host of other reasons that make it fiscally possible yet not preferable for me want to do it again right now.