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For an entrepreneur, it could be pretty awkward to have everyone in your life know exactly how much money you've just acquired, especially if it's a lot. For a
by hughprime 17y ago
For an entrepreneur, it could be pretty awkward to have everyone in your life know exactly how much money you've just acquired, especially if it's a lot.
For a VC, on the other hand, it's pretty good business to let everyone know how much one of your companies was just acquired for, especially if it's a lot. I wonder, when we do hear about the amounts paid, whether that's a condition inserted by the VCs, (or whether there's some law requiring it when, say, the acquiring entity is a public company).