that was worth significantly less than the company's last reported valuation — investors were among those who lost out while the founders walked away with millions in payouts.
Documents obtained by Business Insider indicate how much investors in Series Seed through Series D rounds are estimated to have lost according to the deal's terms. The documents say the estimated per share liquidation preference for each class of shares was lower than the estimated amount per share to be paid at closing — a sign that investors received less money than they poured into the startup.
In Amazon's acquisition of Eero, the amount to be paid per share at closing was more than 16% lower than the liquidation preference for Series Seed through Series D rounds, according to the documents. Because the figures below are estimates, the exact amount of money investors were paid at closing could differ from what was shown in the documents. Mashable
the specifics of Amazon's acquisition of Eero on Friday. Eero declined to comment when the news broke on Friday and has not yet responded to Business Insider's follow-up request. Amazon has not yet responded to Business Insider's request for comment.Estimated amount to be paid at closing
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