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Am I the only person thinking $50 million seems low?
by underdown 16y ago
Am I the only person thinking $50 million seems low?
- mhp 16y agoSeems low to me as well. They took 6MM in Jan '07. The only way a 50MM exit seems great (for the VC or angel) is if they got 50% for their 6MM. If they had an average 20-30% Series A, thats around a 2.5X exit... which isn't awful. It's possible after 4 years given a 50MM offer, that they either a) ran out of money b) their VC had control and wanted out or c) they didn't get a counter offer from EHarmony, et al.
- nerfhammer 16y agoI concur.