News for hackers. Stuff that matters.

A comment on SpoonRocket shuts down. Parent comment

Re:SpoonRocket shuts down by Fomite on Tuesday March 15, 2016 @03:37PM (#11292377)
Chipotle, even after getting hammered in the recent past, has a market cap of 15.5 billion dollars. It's rare, but it's possible.
[ Parent | on HN ]
Re:SpoonRocket shuts down by mbesto on Tuesday March 15, 2016 @06:05PM (#11293384)
That's not the point. VCs are interested in quickly (5-7 years) getting to 15B in market cap, not 22 years.
[ Parent | on HN ]
Re:SpoonRocket shuts down by Fomite on Tuesday March 15, 2016 @07:12PM (#11293766)
Chipotle went public 13 years after it was founded at half a billion dollars in market cap. While not as flashy as some of the unicorns, that would still have been a pretty decent showing.
[ Parent | on HN ]