3 ms·
If SoftBank hadn’t provided that exit package, they would probably have been crammed down by the JPMorgan proposal and lost every dollar. With this offer, they
by chrisgd 7y ago
If SoftBank hadn’t provided that exit package, they would probably have been crammed down by the JPMorgan proposal and lost every dollar. With this offer, they might be able to get 50% of their investment back.
I imagine things like this have gone on at thousands of companies before and now the rich ex-founders are heralded as geniuses. Neumann will Be in that camp in 20 years, giving Ted talks and writing VC posts