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It can be a risk, it redefines the kind of exits you can have in future and still be successful. The founders would likely see little now from a $50 mil sale wh
by robryan 14y ago
It can be a risk, it redefines the kind of exits you can have in future and still be successful. The founders would likely see little now from a $50 mil sale where as that would be a big windfall for a bootstrapped or angel invested only company.
- jacquesm 14y agoYou trade one risk for another, and you are ignoring that post money optimizely has $28M in the bank so it's balance sheet is simply $28M fatter than it was pre-money. A buyer would simply be buying cash and would have no problem with paying $78M. If optimizely now spends this $78M in a way that does not contribute to the balance sheet (superbowl ads, whatever) then they have limited their future options.