Less than the total of VC cash put in? How miserable is that?
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Anonymous said…
That's about 2x sales, which for a low growth MSS is probably pretty fair.
It's also going to clearly be less than invested capital. Counterpane got going in the go-go days, so there is no way they were going to return big dollars.
Anonymous said…
It actually went for a bit more than is being reported. Around 4x sales...
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It's also going to clearly be less than invested capital. Counterpane got going in the go-go days, so there is no way they were going to return big dollars.