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Yeah looking into it a bit, my guess is the real explanation is that this is due to sloppy math on the part of the original authors, especially since they negle
by tqi 4y ago
Yeah looking into it a bit, my guess is the real explanation is that this is due to sloppy math on the part of the original authors, especially since they neglected to even address this most obvious / basic question.
- mumblemumble 4y agoIt's directly addressed in the linked Marketwatch article that the table comes from, in the 2nd and 3rd paragraphs after that table. The "Funds Raised" column is startup funds. It does not include additional funding rounds, selling stock, debt, etc.
- hn_throwaway_99 4y agoI'm pretty sure "startup funds" would include additional funding rounds (i.e. Series B - whatever). But you bring up a good point, I'm not sure if it includes, for example, funds raised in an IPO. But it makes 0 sense to include funds in private rounds and not includes funds raised in an IPO - they're both equity purchases in the business. It would make sense to not include debt raises, because as the article points out, those debt raises need to be financed. Still, not at all a useful comparison without more detail.