Comment on Xobni - a waste of moneyparentComments−jamiequint18ynot to mention that a sub $20M sale on $4.2M investment would not be seen favorably at all by the investors sitting on the board.−mattmaroon18yRight. I don't know what their premoney was, but it had to be in the 8-10 range I'd guess. VCs don't approve 2x returns.
Comments
not to mention that a sub $20M sale on $4.2M investment would not be seen favorably at all by the investors sitting on the board.
Right. I don't know what their premoney was, but it had to be in the 8-10 range I'd guess. VCs don't approve 2x returns.