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Great for 1Password - I love the tool and I'm a strong advocate. But ... Why such a large round? Why not go for an IPO?
by piqufoh 5y ago
Great for 1Password - I love the tool and I'm a strong advocate. But ...
Why such a large round? Why not go for an IPO?
- Iv 5y agoBecause money is desperate to find sinks to throw itself at.
- darkwizard42 5y agoI think this type of massive up-round investment is basically an IPO, likely a fair amount of secondary level of exit for founders, employees, and wouldn't be surprised if the seed/first round investors were able to unload a little (if they even wanted to)