I love your HN tweets. You find the real gems
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They’re all gems
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to be fair, they raised $74M, depending on cap table and liq preferences the founders might not see much...
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How much is much? Over a mil?
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relative to $220M exit + 8 years of heroic work as a founder i think $1m is tiiiiiiiny
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If exit = 220m then - say 1x lig pref of 75m that still leaves 145m. Say founders still hold 25% combined, leaves them w 36.2m = a lot
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1x of 75 is very optimistic
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Even 1.5x leaves plenty
End of conversation
New conversation -
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Valuations against actual product have been way too inflated, and people are catching on to that
Thanks. Twitter will use this to make your timeline better. UndoUndo
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? $220 mill - are you not set for life? Along with your whole family ? And with extra to invest and earn more off of while you sleep??
Thanks. Twitter will use this to make your timeline better. UndoUndo
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