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0 pointsdkrich9y ago0 comments

Also, I'm pretty sure that investment wasn't for 100% ownership, so it's not like that $10 million turned into $400 million. The return would have to be proportional to ownership percentage.

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jtmarmon9y ago

yes that's exactly what the parent is saying. 10M at a 100M post money valuation is 10% of the company. 10% of 400M is 40M - a 4x return

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jtmarmon9y ago

yes that's exactly what the parent is saying. 10M at a 100M post money valuation is 10% of the company. 10% of 400M is 40M - a 4x return

j / k navigate · click thread line to collapse