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>>>Notably, though, both of the numbers we’ve heard are lower than the $1.02 billion (according to PitchBook) post-money valuation the company had in its last f
by gxs 9y ago
>>>Notably, though, both of the numbers we’ve heard are lower than the $1.02 billion (according to PitchBook) post-money valuation the company had in its last funding round, in 2015.
What happens here in terms of payouts? Who gets screwed and who comes out ahead, assuming this turns out to be true?
- zwily 9y agoWell first off, the employees for sure. Then it just comes down to which investor got better terms as to who gets screwed the least.
- sidlls 9y agoSame as if the purchase price were more than the valuation: whoever had the least negotiation power when they purchased shares. Edit: maybe nobody gets screwed, except in that they may have expected a bigger return. The sale numbers quoted are both more than the investment total reported.
- JonFish85 9y agoBasically it's who you'd think. Some investors will get their money back, some will get a bit more than others. The founders will be fine, but probably more due to their role than their stock. Common stock will probably be worth $0, and the employees Apple wants to keep will get a new stock vesting schedule for Apple stock.