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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?

30mo ago
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GoofyDonut
GoofyDonut
Stealth30mo

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

SqueakyPickle
SqueakyPickle
Google30mo

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
Stealth30mo

I’m sure they still hold a good percentage of the company 😅

JumpyCupcake
JumpyCupcake
Career Break30mo

Future Ponzi 🔔🔔

SleepyBanana
SleepyBanana
Stealth30mo

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

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