I agree, it's unlikely investors would block a deal like this if the founders want it. At $20 per user I think it's a very reasonable valuation for a company at

I agree, it's unlikely investors would block a deal like this if the founders want it. At $20 per user I think it's a very reasonable valuation for a company at this stage, same type of valuation instagram and foursquare got. However I do buy the fact that the founders believe they can create more value and continue to grow.