3 ms·
Amount of funding != value of company A funding round is for X% of a company at $Y dollars, which values the company at $ ((100 / X) * Y). Looking at two rece
by web007 8y ago
Amount of funding != value of company
A funding round is for X% of a company at $Y dollars, which values the company at $ ((100 / X) * Y).
Looking at two recent announcements that I follow, Aurora raised $530mm at $2.5b valuation and Nuro raised $940mm valued at $2.7b. Aurora sold ~21% ownership, and Nuro sold ~34% ownership, but both ended up around the same valuation.
- dr_ 8y agoI realize that, and I don’t have the valuation numbers for either company, presumably CB Insights does. But using the example you gave, if there were a list of companies entering the 3 billion valuation, business fundamentals aside, I’d be hard pressed to pick between Aurora and Nuro.