So you assume the VC's only scored a 1x on this deal and had no special treatment for their preferred shares such as accrued dividends, liquidity preference, participating preferred, etc?

I went by what the GP said.

Most top actors spend 3-4 months on average per film. It's a scheduling things where you need a lot of people to film a movie some of which have offers for 3-4 movies that year. So people are working 12 hour days in one short burst and a lot of time in editing / post production but there is a ticking clock because investors want their money back ASAP. Reproduction can be slow simply because there is not a lot of money involved in the project yet.

Top billed actors have an excellent chance of making their full rate on an average movie.

Founders have an excellent chance of making nothing on an average startup.

So what do they need to make exactly? For me, anything beyond FU money is pretty much irrelevant.