>>ryanvo+(OP)
Curious about the deal value/price — any clues whether it was just to make existing investors even (so say up to $30M) or are we talking some multiple? But if it's a multiple, even 2x sounds a bit crazy.
>>iyn+34
One option is that the current Bun shareholders didn't see a profitable future and didn't even care if they were made even and a return of the remaining cash was adequate.
Another option is that this was an equity deal where Bun shareholders believe there is still a large multiple worth up potential upside in the current Anthropic valuation.