Comments on: Ribbit investor Robert Ackerman talks about good returns, bad markets and ‘Communication 2.0′

By: bobqu

bobqu — Thu, 31 Jul 2008 00:27:07 +0000

You have to assume that Allegis probably by leading the round put in 5mm 500% would be $25-30mm? payout that equates to approxiamately 25% of the company that a big stake for a 2nd round financing.

By: Anthony Ha

Anthony Ha — Thu, 31 Jul 2008 00:10:46 +0000

Hmm, I'm not quite following you here. Why do you say they must have had more than 50 percent of the company? I've never really dealt with the nitty-gritty of divvying up acquisition money before, so maybe I'm just being dense.

By: bobqu

bobqu — Wed, 30 Jul 2008 23:57:45 +0000

How did they get a 500% return the company had 2 rounds what did 10mm in the second round buy. It must have been over 50% of the company which I doubt I think Ackerman is using fuzzy math. If the vc's made that the founders and employees must have gotten very little.

By: Kevin K.

Kevin K. — Wed, 30 Jul 2008 21:09:04 +0000

Surprising or Not[VOTE]? BT buys Ribbit for $105M - http://snurl.com/374r7 [www_thriveorfail_com]

By: rate of reaction

rate of reaction — Wed, 30 Jul 2008 10:56:25 +0000

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