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. Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Founding Date: 2004.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Professor VC

JANUARY 17, 2008

While currently free to angel groups, their business model revolves around aggregating the angel investment data. If my math is correct, this is approximately a 31% IRR, which has to beat individual angel investments on aggregate and venture capital returns over the period of the study (1990-2007). return on investment after 3.5

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

David Teten

NOVEMBER 15, 2013

I have frequently heard the expression from other investors, “We can put a lot of money to work here.” This is the psychology that drives VCs to load up a company with more capital, rationalizing that $5m at a $20m pre-money valuation is little different than $10m at a $40m pre-money valuation.

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114

ithacaVC

DECEMBER 14, 2011

So, after the Series B round the company would have $13mm of aggregate liquidation preference ($3mm plus 2*$5mm). Is the $13mm of aggregate LP a problem? Therefore, the new Series C investor would own 25% of the company post money ($4mm/($12mm + $4mm)). Bottom line: we weary of building up too much aggregate LP.

Liquidation Preference 49

Liquidation Preference LP Preferred Stock Liquidity Event 49

K9 Ventures

MAY 14, 2011

The incubators invest usually for an equity stake and buy equity at a extremely low valuation (for example, 7% for $15,000, which implies a pre-money valuation of less than $200,000). <$50K in aggregate. or may come from VC firms (as is now the case with YC being funded by Sequoia ). Lots, 20-100. Individual.

Preferred Stock 125

Preferred Stock Seed Stage Incubator Early Stage 125