They just had a round of funding a few months back at a valuation of $800m. I'm sure the people who invested then didn't want to cash out so quickly.
3.5x on their money within a few months is a very good return, especially for the ones that pumped in a lot of cash. But I see what your point is.
Or maybe they don't have control anymore. It happens, especially if they were too young to understand it when they sold pieces.
They just had a round of funding a few months back at a valuation of $800m. I'm sure the people who invested then didn't want to cash out so quickly.
3.5x on their money within a few months is a very good return, especially for the ones that pumped in a lot of cash. But I see what your point is.
Or maybe they don't have control anymore. It happens, especially if they were too young to understand it when they sold pieces.