Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. 2010 Operating Income: $16 million. 2010 Net Income: $8 million. Series A Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Agile VC

JUNE 5, 2011

Even for those who don’t care to dive into the numbers, it’s worth a quick glance because co-founder/CEO Andrew Mason wrote a letter which forms the preamble of the full document. So Groupon obviously filed their S-1 the other day to formally being the IPO process.

Chicago 100

Chicago North America Boston Silicon Valley 100

Agile VC

OCTOBER 5, 2012

One of the most common questions I get is “What’s the best career path to becoming a founder someday?” ” The very short answer is that most people who are ultimately founders (or usually co-founders ) of a company “tack” towards that goal in a series of career steps.

Founder 217

Founder Cofounder Later Stage Operations 217

Agile VC

FEBRUARY 20, 2014

There are so many remarkable aspects of this event… from the sheer size, to founder Jan Koum’s personal story, to the way it caught most people by surprise, to Sequoia’s stunning return (more on that below). WhatsApp was conceived and operated with a deep conviction opposed to interruptive ads.

Valuation 159

Valuation Acquisition Mobile Revenue 159

Agile VC

FEBRUARY 20, 2014

There are so many remarkable aspects of this event… from the sheer size, to founder Jan Koum’s personal story, to the way it caught most people by surprise, to Sequoia’s stunning return (more on that below). WhatsApp was conceived and operated with a deep conviction opposed to interruptive ads.

Valuation 127

Valuation Acquisition Mobile Revenue 127

Agile VC

APRIL 27, 2012

As many of you may know, we have a section on the NextView website called “Ethos” where we describe five key principles to how we operate. We try hard to bring our own blank canvas into these meetings so that we can better conceive and appreciate the vision of founders we meet with. April 27, 2012.

Silicon Valley 124

Silicon Valley Seed Stage Syndicate Syndication 124

Agile VC

AUGUST 9, 2012

Governance/Control – Founder/CEO Mark Pincus has sold a good amount of his stock and owns <20% of shares outstanding, but now essentially has unilateral voting control of the company. Same is true when you look at actual cash in and out the door… Zynga’s operations generated $146M in positive cashflow in 1H 2012.

Stock 160

Stock LBO .Net Valuation 160