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No, it’s motivated by 5 billion dollars (or whatever the real number is). That’s why people funded GitHub.
by lawnchair_larry 8y ago
No, it’s motivated by 5 billion dollars (or whatever the real number is). That’s why people funded GitHub.
- himom 8y agoa16z, Sequoia and friends got their liquidity event from $350+ M invested. Looks like a (probably $3.5+ B) 10x or better ROI, which should help VC’s IRR numbers. https://www.crunchbase.com/organization/github https://www.crunchbase.com/organization/github
- skinnymuch 8y agoYour numbers are a bit off. The fundings were done at roughly $750M and $2B valuations. Still going to be great for investors, but most likely not 10x or better.