Re:The Mind of Marc Andreessen
by tinkerrr on Monday May 11, 2015 @11:56AM
(#9525637)
Ten on Thirty means $10M invested in a company currently being valued at $30M (before their investment, or pre-money valuation), so the whole company is valued at $30M + $10M = $40M after the investment.
Ten on Fifteen/Twenty means $10M invested in a company currently being valued at $15M/$20M, so the valuation after the investment would be $25M/$30M.
Ten on Fifteen/Twenty means $10M invested in a company currently being valued at $15M/$20M, so the valuation after the investment would be $25M/$30M.