News for hackers. Stuff that matters.
Re:SoftBank’s $375M bet on pizza went bad fast by yaacov on Saturday February 15, 2020 @02:45PM (#22337473)
That deal valued Zume at $2.25b, which is about 1/5 of the market cap of market leader Dominos.

So SoftBank was betting on a >20% chance that Zume would succeed to that degree.

This is quite different from traditional VC, which expects much lower probabilities of success in each investment.

There are no comments on this comment yet.