Get the app
Indian Startups
Indian Startups
on
SqueakyPickle
SqueakyPickle
Google

Byju's has raised nearly 6 billion in total and is now valued at 6 billion $. How does this work?

Byju's has raised nearly 6 billion in total and is now valued at 6 billion $. How does this work?

I mean won't this mean all equities of byju's will now be with VCs?

29mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile šŸ”‘
+322 new users this month
GoofyDonut
GoofyDonut
Stealth29mo

No, simply means a lot of investors are in the red

SqueakyPickle
SqueakyPickle
Google29mo

No, I mean in case of liquidation preference, won't all equities go back to VCs. And in that case, what incentive does founders have to continue working with same zeal?

https://twitter.com/Nithin0dha/status/1650783154763108352

GoofyDonut
GoofyDonut
Stealth29mo

Iā€™m sure they still hold a good percentage of the company šŸ˜…

JumpyCupcake
JumpyCupcake
Career Break29mo

Future Ponzi šŸ””šŸ””

SleepyBanana
SleepyBanana
Stealth29mo

Founders and top management have already cashed in tons of money :-)
Rest whatever is there could be split by order of preference in SHA.

Discover more
Curated from across