Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
3 Apr 2017 Acquired The Starbucks IPO with Dan Levitan
“I think Starbucks raised about 250 or 300 million in equity in total before it kind of flipped around and the cashflow generation of the existing store base was greater than the incremental amount of cash required to build new stores.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 3 Apr 2017
- Publisher
- Acquired
Transcript context
…What’s funny now by current standards, he did raise a lot equity back in those days. He raised over $30 million in equity before going public which was a lot. But now, looking at the tech companies, the Maveron and the Madrona and the like fund, you know, that's like maybe your Series A and your Series B. Yeah. No, the scale has changed dramatically. I think Starbucks raised about 250 or 300 million in equity in total before it kind of flipped around and the cashflow generation of the existing store base was greater than the incremental amount of cash required to build new stores. Uh-huh. And that’s including the IPO?…
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