article thumbnail

Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. When I went to raise money in 2006 I thought I knew every term in a term sheet but somehow I still got a bit duped by the option pool shuffle. Investors own 25%, the founders own 75%.

founder 405
article thumbnail

This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

We had Farb Nivi , who is the founder & CEO of Grockit , a website that enables online group learning. In particular I tried to do most of the “entrepreneur advice on VC” up front so that if you don’t want to watch our views on the deals you don’t have to. Farb is the founder & CEO of Grockit.com. LibreDigital.

VC 214
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Between 2006–2008 I sold both companies that I had started and became a VC. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies. How’s that advice holding up? Hey, we got to raise again next year. Let’s deploy faster! So now our collective companies are worth less.

VC 466
article thumbnail

Save Time By Automating Your Financial Process (Interview & Bonus Tips from Bill.Com Founder)

Smart Hustle Magazine

Ramon Ray recently interviewed René Lacerte , the founder of Bill.com - one of the nation’s leading business payments networks. René founded Bill.com in 2006. Bill.com founder emphasized, Adaptation is something that's really valuable. And many of these affected businesses are still finding it difficult to stay afloat.

founder 101
article thumbnail

Innovation in Sustainability: From Trash to Textiles

Entrepreneurs' Organization

Monique Maissan is an Entrepreneurs’ Organization (EO) member in Shanghai, CEO of Vision Textiles, and founder of Waste2Weave. I was intrigued when I learned about a game-changing technology in 2006: the manufacture of fabric from recycled plastic bottles. However, I said no to the project.

article thumbnail

Joseph Lee, CEO of Kairous Capital, Shares His Cross-Border Investment Philosophy for the Asia Pacific Region

AsiaTechDaily

I initially worked as an analyst at a stock-broking firm until 2004 before embarking on my venture capital and private equity journey, where I made my first investments in Greater China before exiting via the London Stock Exchange later between 2005 and 2006. What qualities do you seek in start-up founders whose companies you would invest in?

capital 69
article thumbnail

This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Founded in October 2006 by Jonah Peretti (co-founder of Huffington Post). They were founded in May 2009 in Boulder, CO, by Joe Stump (former lead Digg architect) and Matt Galligan (founder Social Thing).

VC 240