[epall]

According to CrunchBase, they've only raised $45M. 16x return after 4 years in business. Well done!

https://www.crunchbase.com/organization/quip#/entity

[kartD]

Incorrect on the return front. $45M buys a percentage of the company. According to this post (https://www.quora.com/At-what-valuation-did-Quip-raise-their...), Quip's last valuation was ~$376M, so a return of 2X.

[minimaxir]

It's worth nothing that Mark Benioff invested in the original 2013 Venture round.

[joshu]

You probably should learn how venture capital works.

[jlgaddis]

cf. https://news.ycombinator.com/newsguidelines.html