I think the investors who put $300m in at a $12b valuation would disagree | Hacker News

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		jjfoooo4 23 days ago \| parent \| context \| favorite \| on: Capital One to acquire Brex for $5.15B I think the investors who put $300m in at a $12b valuation would disagree

qeternity 23 days ago [–]

I don’t think you understand how liquidation preferences work.

They will get $300m back.

Opportunity cost sure. But zero nominal loss.

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