3 ms·
Investor returns are capped at 100x, thats quite a high cap for a non-profit.
by fuddle 8y ago
Investor returns are capped at 100x, thats quite a high cap for a non-profit.
- estsauver 8y agoInteresting way to think about it: This is equivalent to saying: "If you put 10m$ into us for 20% of the post-money business, anything beyond a 5B$ valuation you don't see any additional profits from" which seems like a high but not implausible cap. I suspect they're also raising more money on better terms which would make the cap further off.
- MattRix 8y agoYeah but they've already said they need to raise billions not millions. It's a completely implausible cap.