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Mind that that's "only" 50x. Still not bad though.
by wellboy 13y ago
Mind that that's "only" 50x. Still not bad though.
- SatvikBeri 13y ago50x, unless I'm missing something. They invested ~$5MM and got $253MM back.
- wallflower 13y agoUsually, when you have $5m to invest, you have to put it into something large and very real and quite boring like a shopping center. And if you get a IRR of 8-9% a year, you're doing well. USV turning $5m into 50x that is along the lines of Don Valentine and Cisco. It is a rare cosmic event.
- wellboy 13y agoI just wanted to put it in comparison with the 10000x, YC got with AirBnb and Dropbox.