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I don't claim to understand much about that world but I bet the VCs were happy with a 5X return for a company that has been around for 6 years. The bulk of the
by jswinghammer 16y ago
I don't claim to understand much about that world but I bet the VCs were happy with a 5X return for a company that has been around for 6 years. The bulk of the money was only recently invested too.
- ctide 16y agoA 5x return assumes that the VCs owned 100% of the company, which seems 'mildly' unlikely.