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Yes, I'm not familiar with expected returns for investments so my back-of-napkin maths was based on approximate housing inflation in the UK. I figured they'd wa
by pbhjpbhj 4y ago
Yes, I'm not familiar with expected returns for investments so my back-of-napkin maths was based on approximate housing inflation in the UK. I figured they'd want more than that as a minimum.
Clearly Bitwarden isn't a unicorn, being a smaller entity in a growing market; do VCs really expect a 10x (in couple of years?) from that sort of investment?
So, do you agree with my basic premise that they'll need a whole heap of customers, that they don't seem likely to get, in order to make any dent in the investors hoped for returns?
- phphphphp 4y agoI’d suggest with almost absolute confidence that they are betting on unicorn status for BitWarden. I’d be surprised if they expect anything less than a >$2.5bn exit.