[adventured]

10 out of 10 VCs would take the six year $1 billion acquisition over the two year $30 million acquisition in fact. Your numbers are way off. It would have to be closer to $500 million in two years, versus $1 billion in six.

[dagw]

When looking at $30 million today with a probability of 1.0 vs $1 billion in six years with a low and unknowable probability, then taking the $30 million today might make sense for the VC, depending on what their books look like.