Comment on Rackspace Buys Server Management Platform Cloudkick (YC W09)parentComments−jng15yEven if VCs target at a 10x sale, they definitely take offers to sell at a much lesser multiple.They target at 10x so that with their spread of total-failures/so-sos/big-exits they end up making a nice return.
Comments
Even if VCs target at a 10x sale, they definitely take offers to sell at a much lesser multiple.
They target at 10x so that with their spread of total-failures/so-sos/big-exits they end up making a nice return.