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by jerrygenser
787 days ago
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I can believe there are no plans, right now. But having raised over $100mm, the VCs will want to liquidate their holdings eventually. They have to answer to their LPs after all, and be able to raise their next funds. The primary options I can think of that are not full acquisition are:
- company buys back stock
- VC sells on secondary market
- IPO The much more common and more likely option for these VCs to make the multiple or home run on their return is going to be to 10x+ their money by having a first or second tier cloud provider buy you. I think there's a 10% chance that a deal with Google is done in the future, so their portfolio has Firebase for NoSQL and Firebase for SQL. |
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