Venture Capital Math: Does the Start-Up Whole Equal the Sum of Its Parts? If I sold you 4% of my start-up company for $40,000, does that make my company worth $1 million? By Silicon Valley math, the answer is “yes.” Now, add three zeroes, and you have the (tenuous) case for lodging start-up Airbnb being...Read More
1st Home? Try, 2nd (or 4th) According to the developer of 432 Park, there are already signed contracts for nearly $1 billion worth of apartments at the building; total sales are expected to surpass $3 billion. About half the buyers are foreigners; only about a quarter of the units will be occupied at any one time....Read More