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[parent] [thread] 2 comments
1. plinga+(OP)[view] [source] 2023-11-18 06:46:24
According to Crunchbase, Loopt raised $39.1M.
replies(1): >>grumpl+gt
2. grumpl+gt[view] [source] 2023-11-18 11:06:43
>>plinga+(OP)
How many years did it take to go from 39 million to 43 million in value? Would've been better off in bonds, perhaps.

This isn't a success story, it's a redistribution of wealth from investors to the founders.

replies(1): >>hambur+1U
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3. hambur+1U[view] [source] [discussion] 2023-11-18 14:07:02
>>grumpl+gt
Ah, the much-sought-after 1.1X return that VCs really salivate over.
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