News for hackers. Stuff that matters.

A comment on Invest in Startups. Parent comment

Re:Invest in Startups by npt4279 on Monday September 23, 2013 @02:32PM (#6433172)
To make it simple: Let's say you invest $1000 in a startup. The startup gets acquired and your stake is worth $10,000. You get your $1000 back, and then get 90% of the rest. So you get $9100, and Wefunder gets $900.
[ Parent | on HN ]
Re:Invest in Startups by ph0rque on Monday September 23, 2013 @02:35PM (#6433202)
So x% carry means that the other party gets x% of your profit from a particular investment? Got it, thanks.
[ Parent | on HN ]