4 ms·
Investors motto is "Go big or go home" Here they are going home and saving some money too. Would you have the same view if Secret went on to make billions and
by carrotleads 11y ago
Investors motto is "Go big or go home"
Here they are going home and saving some money too. Would you have the same view if Secret went on to make billions and require the Investors to pay the equity back to the founders. 6m could have been a billion there.
The only negative is if investors think the founders lacked imagination to put the money to use with a innovative Pivot.
Maybe there was no pivot in sight and then the best option is to return the rest of money and keep the 6m money the Investors gave up earlier for their big bet.