3 ms·
I'm not sure I'd call $170m a great exit considering they were last valued at $140m. Generally VCs are looking for much more than a 20% ROI. I'd love to know if
by mattmaroon 17y ago
I'm not sure I'd call $170m a great exit considering they were last valued at $140m. Generally VCs are looking for much more than a 20% ROI. I'd love to know if there were some special terms that make the VCs get more than their share here. Otherwise you'd think that either Mint was in trouble and needed this, or there was something else going on.
- fallentimes 17y agoBut the 20% ROI was only for the last round of investors who hadn't participated before not all the investors.
- mattmaroon 17y agoRight, but even then that's small right?