Re:Lyft prices IPO at top of range
by smallgovt on Thursday March 28, 2019 @06:23PM
(#19517229)
I'm confident these guys already cashed out a large fraction of their holdings in prior rounds.
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Sure but let's assume they already cashed out even $85M. They still made way less than the investors. So we still value the investors money a lot more than the founder's time.
What ROI got those investors compared to a typical investment?
How much did those founders get for their time compared to the average person selling their time?
Re:Lyft prices IPO at top of range
by goatherders on Friday March 29, 2019 @08:55AM
(#19521167)
Of course they made less than investors. Capital is worth a LOT more than time and energy and ideas.