To make it simple: Let's say you invest $1000 in a startup. The startup gets acq... | Hacker News

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		npt4279 on Sept 23, 2013 \| parent \| context \| favorite \| on: Invest in Startups To make it simple: Let's say you invest $1000 in a startup. The startup gets acquired and your stake is worth $10,000. You get your $1000 back, and then get 90% of the rest. So you get $9100, and Wefunder gets $900.

ph0rque on Sept 23, 2013 [–]

So x% carry means that the other party gets x% of your profit from a particular investment? Got it, thanks.

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