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I can believe there are no plans, right now. But having raised over $100mm, the VCs will want to liquidate their holdings eventually. They have to answer to the
by jerrygenser 2y ago
I can believe there are no plans, right now. But having raised over $100mm, the VCs will want to liquidate their holdings eventually. They have to answer to their LPs after all, and be able to raise their next funds.
The primary options I can think of that are not full acquisition are:
- company buys back stock
- VC sells on secondary market
- IPO
The much more common and more likely option for these VCs to make the multiple or home run on their return is going to be to 10x+ their money by having a first or second tier cloud provider buy you.
I think there's a 10% chance that a deal with Google is done in the future, so their portfolio has Firebase for NoSQL and Firebase for SQL.
- jchanimal 2y agoHaving founded a database company that IPO'd (Couchbase) and seeing the kinds of customer relationships Supabase is making, an IPO seems a reasonable outcome.
- spxneo 2y agowell before there was supabase I would use Firebase so it would serve Google well if they matched what supabase is doing or bought them out