Re:SimpleGeo To Be Acquired By Urban Airship
by brehardin on Monday October 31, 2011 @03:47PM
(#3178719)
Their Series A was 8.14M, which is a HUGE, series A. If they are getting acquired for $3.5M, assuming they have a little in the bank, this is not a good exit.
I am sure the founders are seeing very little of this money. The liquidation preferences "prefer" the investors.
I am sure the founders are seeing very little of this money. The liquidation preferences "prefer" the investors.