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?
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
See more comments
EarthDragon
Stealth
a year ago
Founders and top management have already cashed in tons of money :-)
Rest whatever is there could be split by order of preference in SHA.