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A $50MM round at a $1 billion valuation means that the VC's are collectively getting 5% of the company for their investment. Does anyone else think that's an u
by URSpider94 17y ago
A $50MM round at a $1 billion valuation means that the VC's are collectively getting 5% of the company for their investment. Does anyone else think that's an unusually tiny share?
- rjurney 17y agoIt probably says a lot about the dogshit alternatives VCs are looking at as the inflated dot com leftover VC industry is about to come crashing down - acquisition market dried up, no IPOs in sight... buying a piece of twitter at a gagillion dollar valuation would look pretty good to most VCs. But personally, I think its a good investment because I think twitter is disruptive.