> at least some of this money will be used to pay off initial investors with a nice profit.
To clarify, do you mean some of the money will be used to buy back shares from early investors giving them a nice profit?
To clarify, do you mean some of the money will be used to buy back shares from early investors giving them a nice profit?
There's nothing very "typical" about a 850M raise at 30B. But Groupon infamously raised "Like, A Billion Dollars" of which only about 15% went into the company.