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Re:Everpix, Snapchat, and the Startup Lie by nl on Friday November 08, 2013 @04:20AM (#6695277)
You are forgetting dilution.

It's pretty common for A-round investors to be diluted by 50%. http://www.bothsidesofthetable.com/2011/10/14/understanding-... shows it pretty well.

Re:Everpix, Snapchat, and the Startup Lie by noelwelsh on Friday November 08, 2013 @11:06AM (#6696905)
Good point. That raises the exit amount the investors seek quite substantially.