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Wait a sec - if the investors put in $50M and the sale price was $1B, isn't that a 20x return in 2 months? Or am I doing the math wrong?
by commanda 14y ago
Wait a sec - if the investors put in $50M and the sale price was $1B, isn't that a 20x return in 2 months? Or am I doing the math wrong?
- mthreat 14y agoFor $50M the investors didn't buy 100% of the company. They bought something around 10% (assuming the valuation was $500M)