CapMan - Private Market Pioneer in the Nordics

I don’t have the facts on this, but my understanding is that those VC funds are international funds, not Finnish ones. Furthermore, even if there were some Lifeline funds involved, that Oura jackpot would have already largely been reflected as valuation increases. Oura has been steadily raising capital at higher and higher valuations, and typically in these cases, VCs book the values based on the most recent funding round. Therefore, in Oura’s case for example, the value appreciation from zero to 10 billion is already on the books, and “only” the valuation jump occurring at the IPO (10-50%) would remain.

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