Project dossier

The self promotion rules for 9 founder subreddits before you get banned

Raising funds for your company can be crazy! There's a company that raised around $416M, was valued at over $1B at one point, and eventually got acquired for about $465.5M. But the founders walked away with a grand total of $0. The investors had liquidation preferences totalling around $559M. The company sold for $465.5M, so the investors got the sale proceeds and there was apparently nothing left for the common shareholders. The founders and early employees held common stock, so they reportedly