quick math on minimalist outcome: - raised $2M seed from peak (assuming 20 - 25% dilution) - raised $15M series a from peak + unilever ventures at a $76M val. - in talks to be acquired by HUL for $350M - founders to make $217M - seed investors get $63M (~9-12x based on that dilution assumption) - series a investors get $69M (4.6x) - even assuming a 2:1 [peak : unilever] split in the series a investment, peak's total proceeds would be $109M. - assuming if peak had invested out of sequoia capital india's sixth fund (2018) which was $700M, proceeds from minimalist is about 15% of the total fund size * lots of assumptions but this is the gist of non-unicorn outcomes for mega funds in india [investor a, b = peak; investor c = unilever] credits : @ anmolm_/x
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