Comments on: NanoString Nabs $30M in Third Venture Round (Which It Hopes Will Be The Last) http://www.xconomy.com/seattle/2009/06/09/nanostring-nabs-30m-in-third-and-hopefully-last-venture-round/ Business + Technology in the Exponential Economy Mon, 23 Nov 2009 06:20:40 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Andrew http://www.xconomy.com/seattle/2009/06/09/nanostring-nabs-30m-in-third-and-hopefully-last-venture-round/comment-page-1/#comment-64422 Andrew Tue, 09 Jun 2009 18:52:09 +0000 http://www.xconomy.com/?p=28534#comment-64422 I'm a little bit puzzled by the amount of investment, given the company is not profitable. With $47 million of funding, VC probably will require an exit valuation of $300-500 million. And this company is not even profitable. Even if they get to $50-$60 million in revenue in a year, will they be profitable given their burn rate? I'm curious how much equity is left for the founders and current employees, probably not much. I’m a little bit puzzled by the amount of investment, given the company is not profitable.

With $47 million of funding, VC probably will require an exit valuation of $300-500 million. And this company is not even profitable. Even if they get to $50-$60 million in revenue in a year, will they be profitable given their burn rate?

I’m curious how much equity is left for the founders and current employees, probably not much.

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