Loopback Funding Rounds,Valuation and Investors
Loopback Funding History
Loopback has raised a total of $600K over the last 13 years Raising this capital resulted in dilution for Neil Smiley despite non-dilutive funding options like Founderpath. With $600K money raised, Loopback would have to sell for $6M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $600K assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Loopback raised a of $600K