Both Sides of the Table

MAY 19, 2010

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Note that these are “gross” revenue numbers. Founded in October 2006 by Jonah Peretti (co-founder of Huffington Post). When the show has been processed it will be available here (estimated 8pm PDT).

Partner 240

Partner New York City Cofounder Syndicate 240

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Such comparisons can only be made for companies at the same stage of development, in this case, for pre-revenue startup ventures. As can be seen the average (mean) pre-money valuation for recent pre-revenue deals is $2.1

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Brandanew

APRIL 22, 2016

Based in Israel, Outbrain has been around since 2006 solely focuses on solving the content discovery problem for publishers. As a Content Marketer, your content piece can be syndicated across all these top publisher sites, for a very nominal Cost-per-Click thereby increasing the reach of your post. Outbrain. . .

Advertising 100

Advertising Distribution Marketing New York City 100

Duct Tape Marketing

DECEMBER 14, 2017

Basically started as somebody of how do we take photos of cars and the pricing and descriptions of the cars, and put it all in one place, but then syndicate it. In 2011, before we sold the business, we had a business that was making $30 million a year in revenue, but we’ve never raised any capital. It was a different day and age.

Kansas City 62

Kansas City CTO Hire Las Vegas Software Development 62

Lightspeed Venture Partners

SEPTEMBER 21, 2013

Despite having over 500k downloads and making $450k in revenue over the last 21 months, he had only $185k left in the bank, which meant that he would be out of business in 90 days if he didn’t raise more money. The product was introduced in 2006 and created a whole new category of easy to use video cameras.

Pre-Money Valuation 167

Pre-Money Valuation Valuation Dilution Distribution 167

View from Seed

JANUARY 26, 2016

For reference, First Round Capital and Softech were founded in 2004 (although they were less institutional early on), Floodgate in 2006, Harrison Metal in 2008, etc. This has allowed these firms to invest larger amounts at the later end of the seed spectrum, and some have even started to lead or syndicate Series A rounds with others.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Both Sides of the Table

FEBRUARY 25, 2010

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. When Salesforce.com decided to buy my company in December 2006 I dropped everything and focused religiously on closure. We ended up agreeing a term sheet for $16.5 million at a $15 million pre-money valuation.

Technical Review 301

Technical Review Term Sheet Due Diligence Venture Capital 301