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jgrahamc
5582 days ago
Given that $53m had been invested, this doesn't seem like that big a pay day.
1 comments
jswinghammer
5582 days ago
I don't claim to understand much about that world but I bet the VCs were happy with a 5X return for a company that has been around for 6 years. The bulk of the money was only recently invested too.
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ctide
5582 days ago
A 5x return assumes that the VCs owned 100% of the company, which seems 'mildly' unlikely.
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