Comment by BoorishBears
1 year ago
https://www.theinformation.com/articles/google-hires-charact...
Investors are being bought at 2.5B valuation
1 year ago
https://www.theinformation.com/articles/google-hires-charact...
Investors are being bought at 2.5B valuation
I don't trust that site. They spread unconfirmable rumors behind paywall.
Base on those numbers, $150M of series A with 1B valuation would be bought now for 375M(which is high for failed startup), my understanding is that such transaction has to be disclosed.
This is public info. 2.5b and $88 per share for all
info becomes public when it is officially announced by some of the transaction participants or disclosed in some fillings.
I may be too skeptical, but it is just hard to believe someone (who?) throws 400M (to seed + A investors) plus significant amount to founders into essentially failed startup.