alt Hacker NewsThey've raised over $16 million [0]. For a decent 3-5x return for that, they would need to have been acquired for around ~$50 million. For a team of 19 [1], thats around $2.5 million per employee for Cloudflare. Worth it? no idea
[0] https://voidzero.dev/posts/announcing-series-a [1] https://voidzero.dev/about
Replies
stackskipton • today at 3:16 PM
I could see Cloudflare wanting them for 50 Million. Cloudflare recent acquisitions have clearly been "buy tools with heavy lock in" and companies shipping on Void are likely heavily locked in.
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leros • today at 5:59 PM
Presumably being able to influence their roadmap is worth it
bix6 • today at 4:33 PM
Presumably that $12M A was around $50M Val so they need to sell for substantially more to give investors a multiple return.
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arjie • today at 6:21 PM
They will easily have exceeded $50m.
Your linked post shows they raised 12.5 million?
But it's also possible they haven't spent much of that money.
The investors don't need to be happy. They just need to be made whole (assuming they have a minority control).
It could literally be that only $2m ever got spent and that's been paid back.
It could also be that when literally nobody said they would pay for Vite+ the investors and team in general lost confidence and were actually very happy just to get their money back and pivot into this acquisition.