Interestingly not a huge exit its "just" 3x. (Edited from 6x I looked at investment not valuation originally) For all the news around Jet taking on Amazon I'm not sure this is signaling a win for them.
For two years?
Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
11–20 of 196 posts
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#12Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#13Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#14When the article says Wal-Mart is closing stores, how does it count when they close a normal store and open a super store?
Also, at this point I feel safer buying cables and chargers from Wal-Mart. I now worry about any retailer doing fulfillment for other sellers.
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#15I love how a 3X exit is a "disappointing end". I'll take disappointment all day long.
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#16Article not behind paywall: http://nasdaq.com/article/wal-mart-in-talks-to-buy-web-retai...
You can use google search to bypass paywall.
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#17There are a lot of product categories I've found its impossible to compete in because jet has this combination of impossibly low prices, and stupid high cpc's on Google. I wonder if an acquisition will bring things to more sustainable levels?
Probably, since Walmart presumably doesn't have to work as hard to acquire customers. Better make your VC-subsized purchases before the deal closes!
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#18Interestingly not a huge exit its "just" 3x. (Edited from 6x I looked at investment not valuation originally) For all the news around Jet taking on Amazon I'm not sure this is signaling a win for them.
For two years?
Nobody puts in that kind of money for a 3x return regardless of time window its not like the VCs can put the money back into something else.
Decent article on this from Fred Wilson http://avc.com/2009/03/what-is-a-good-venture-return/
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#19Jet.com was founded in 2014. How did they get enough traction to be viable when there are so many other online retailers like Amazon, and all the other brick and mortar retailers that also have large online presence.
Re: Wal-Mart in Talks to Buy Web Retailer Jet.com for $3B
#20This would make Wal-mart the biggest production Azure user in terms of actual traffic. That'd be a killer position for Microsoft to be in.
> That'd be a killer position for Microsoft to be in.
What do you mean by this? I don't deal with things of that scale, but I would imagine it would put Wal-Mart in a very good position to negotiate down near at-cost. It could be good for Microsoft on the PR front against Amazon, but bad for profit margins (on this one account).