The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Kleiner Perkins' Mamoon Hamid on Investing Lessons from Leading Rounds in Figma, Slack and Rippling | Lessons Building a Generational Defining Firm with Kleiner Perkins | AI: Where Value Accrues, Startups vs Incumbents & Scaling Laws
Mamoon Hamid
And that ended up being 70X. Crazy multiple, right? Some ridiculous multiple. But you know, when you hold on to something for 15 years, guess what the IRR on that investment was? If you still owned, let's say, 25% of that company at 700 million, so like 100 and something, 170 million, 3 million becomes 170 million or something like that, or that's a great multiple.
0
💬
0
Comments
Log in to comment.
There are no comments yet.