2.5x in 10 months. With returns like that - if I were the full time chef of the investors spare private jet I would be updating my CV and looking for a new gig.
Honestly depends on when they got in. Seed investors? They're probably fine with their preferences. Series B and beyond? That's where it gets messy. What round you thinking?
The investors made money too. The valuation at the last round was $1B, and Google paid them out at a valuation of $2.5B as part of the agreement [1].
[1] https://www.theverge.com/2024/8/2/24212348/google-hires-char...
2.5x in 10 months. With returns like that - if I were the full time chef of the investors spare private jet I would be updating my CV and looking for a new gig.
That’s a deep burn.
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To quote an analyst from the Dotcom bubble era: "Everbody's happy, everybody's making money, something's wrong here"
Honestly depends on when they got in. Seed investors? They're probably fine with their preferences. Series B and beyond? That's where it gets messy. What round you thinking?
It's literally the opposite - seed investors get paid last with the exception of common.
Hopefully. The world is healing.