Need someone to explain to me the specifics of the latest @foursquare round of funding. Don’t really get what it all means.
@cap they get money now in return for shares when they do their next round; avoids setting a new, higher share price (and strike price) now.
-
-
@avibryant So what happens if they never do another round (become profitable)? And does that also go for the multi-year loan? -
@cap in theory, then they just pay the money back with interest. In practice, there'll be another round, if only to cash out employees.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.