Pinterest Raises $367M at $11B valuation
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Pinterest Raises $367M at $11B valuation
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Re: Pinterest Raises $367M at $11B valuation
#2Anyway to see how much of the company is still in the hands of founders?
Re: Pinterest Raises $367M at $11B valuation
#3Anyway to see how much of the company is still in the hands of founders?
By taking $367m at $11b valuation, they have given away ~ 3.33% in this round. You may work backwards for previous rounds.
For initial rounds with no public valuation info, you may assume 25% of the company was given away in each round.
Re: Pinterest Raises $367M at $11B valuation
#4[deleted]
Re: Pinterest Raises $367M at $11B valuation
#5Anyway to see how much of the company is still in the hands of founders?
By taking $367m at $11b valuation, they have given away ~ 3.33% in this round. You may work backwards for previous rounds. For initial rounds with no public valuation info, you may assume 25% of the company was given away in each round.
Yeah, assuming all founders started out with 33%, they'd probably have 5-10% right now, probably closer to 5%.
Best case scenario would be: 33% * (75% angel) * (75% series A) * (75% series B) * (85% series C) * (95%^4 Series D-G) = ~10%
It could probably go down as far as 4 or 5% depending on how big option pools were and just how much dilution was in the earlier rounds.
Re: Pinterest Raises $367M at $11B valuation
#6Does anyone else think 11B is insane? Higher valued than Dropbox and Airbnb? They must have pitched hell of a monetisation plan.
Re: Pinterest Raises $367M at $11B valuation
#7Earlier quoted context omitted.
By taking $367m at $11b valuation, they have given away ~ 3.33% in this round. You may work backwards for previous rounds. For initial rounds with no public valuation info, you may assume 25% of the company was given away in each round.
Yeah, assuming all founders started out with 33%, they'd probably have 5-10% right now, probably closer to 5%. Best case scenario would be: 33% * (75% angel) * (75% series A) * (75% series B) * (85% series C) * (95%^4 Series D-G) = ~10% It could probably go down as far as 4 or 5% depending on how big option pools were and just how much dilution was in the earlier rounds.
I think it's less then that. Pinterest's early days were rough, and I heard that their B or C round was on unfavorable terms just to keep the lights on before they blew up.
Re: Pinterest Raises $367M at $11B valuation
#8Earlier quoted context omitted.
By taking $367m at $11b valuation, they have given away ~ 3.33% in this round. You may work backwards for previous rounds. For initial rounds with no public valuation info, you may assume 25% of the company was given away in each round.
Yeah, assuming all founders started out with 33%, they'd probably have 5-10% right now, probably closer to 5%. Best case scenario would be: 33% * (75% angel) * (75% series A) * (75% series B) * (85% series C) * (95%^4 Series D-G) = ~10% It could probably go down as far as 4 or 5% depending on how big option pools were and just how much dilution was in the earlier rounds.
Anyone know if the founders took any money off the table?
Re: Pinterest Raises $367M at $11B valuation
#9seems weird to raise so much money at this point in the game... a third of a billion dollars...
Re: Pinterest Raises $367M at $11B valuation
#10Earlier quoted context omitted.
Yeah, assuming all founders started out with 33%, they'd probably have 5-10% right now, probably closer to 5%. Best case scenario would be: 33% * (75% angel) * (75% series A) * (75% series B) * (85% series C) * (95%^4 Series D-G) = ~10% It could probably go down as far as 4 or 5% depending on how big option pools were and just how much dilution was in the earlier rounds.
Anyone know if the founders took any money off the table?
I know nothing about their specific situation but based on this many rounds at this size they've almost certainly had the opportunity, and if they chose not to that would be very risky (and probably stupid).