Agile VC

APRIL 17, 2011

How They Do It: Aggregate data from travel data warehouses like ITA as well as indexing travel providers websites, provide this information to consumers in a highly customizable search engine. Post-money valuation probably no higher than $12M (2). Filing Date: initial S-1 filed Nov 17, 2010 , updated March 9, 2011.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

betashop.com

OCTOBER 8, 2012

1 year later we sat down and had an honest conversation with ourselves and realized that our One Thing, the thing we were most passionate about, that we could realistically be the best in the world at, and that was a huge untapped market opportunity was: Design. 10M post-money valuation = $100M target. Fab Culture.

Technical Review 108

Technical Review Technology Software Review Valuation 108

ithacaVC

JANUARY 24, 2013

62,000 of convertible debt outstanding with $13,700 of aggregate interest accumulated, which also converts as well in the qualifying round. And let’s assume that the debt has a 20% conversion discount. I am going to ignore any valuation cap feature. Series A premoney valuation negotiated to be $3mm.

Valuation 53

Valuation Balance Sheet Option Pool Dilution 53