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Would a VC pass on 2x even if they knew it was the sweetest the deal would be? What if its the best possible exit? Do you think the VC's are valuing xobni hig
by brent 18y ago
Would a VC pass on 2x even if they knew it was the sweetest the deal would be?
What if its the best possible exit?
Do you think the VC's are valuing xobni higher than $20m even in the face of Microsoft inevitably copying all of their features?
- mattmaroon 18y agoI suppose a VC would not pass on 2x if they knew they were peaking there. At the same point, if a VC funds a company, and nothing catastrophic happens in one year, they're not selling at 2x. To do so would invalidate their original judgment. I'm sure it occurred to Vinod Khosla and the guys at Xobni that Microsoft might one day implement their functionality. It's too obvious not to have.