3 ms·
> a $4B company Small correction: a company that acquired capital at a $4bn valuation. As VCs are well known to shore up countless failures with few overwhelmi
by pyrale 6y ago
> a $4B company
Small correction: a company that acquired capital at a $4bn valuation. As VCs are well known to shore up countless failures with few overwhelming successes, That valuation is essentially useless.
If you want a correct valuation, you'll have to wait and see what employees get for their shares.
- ohgodplsno 6y agoFounders don't give a single damn about the employees. They'll be doing lines of cokes on company budget, and walk away with a fat load of cash even if it fails. VC has never been for the employees, and never will be.