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Prior to taking on a $50M round? Maybe. Now they owe it to their investors to offer the biggest return possible. And there are some big names on the cap table:
by sharkweek 11y ago
Prior to taking on a $50M round? Maybe.
Now they owe it to their investors to offer the biggest return possible. And there are some big names on the cap table:
http://i.imgur.com/BSALe7M.jpg http://i.imgur.com/BSALe7M.jpg
- akhilcacharya 11y agoWhoa, Jared Leto?
- rgbrenner 11y agoThey sold 16% of their company. Are you saying the interests of minority stakeholders--no matter how small-- outweigh the interests of all other stakeholders in the company?
- smeyer 11y agoDid those minority stakeholders get disproportionate representation on the board as part of the investment? Edit to add: Also, Advance Publications may also be pushing for big gains.