Re:There’s no such thing as “a startup within a big company”
by Cd00d on Thursday February 18, 2021 @09:51PM
(#26189010)
I think OP was saying the company 3M bought the startup. Not that the startup was sold for $3mm.
Re:There’s no such thing as “a startup within a big company”
by saalweachter on Saturday February 20, 2021 @09:54AM
(#26204492)
In addition to the $3m/3M confusion, don't forget preferential liquidation.
If you own 10% of a company and it sells for 2x the invested value, you might get < 5% of the sale price yourself once the investors are taken care of.
The question is, would you have had excellent returns if the company had been worth $1m per employee?