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not to mention that a sub $20M sale on $4.2M investment would not be seen favorably at all by the investors sitting on the board.
by jamiequint 19y ago
not to mention that a sub $20M sale on $4.2M investment would not be seen favorably at all by the investors sitting on the board.
- mattmaroon 19y agoRight. I don't know what their premoney was, but it had to be in the 8-10 range I'd guess. VCs don't approve 2x returns.