Surprising Insights From HubSpot's $35M Mezzanine Round

OnStartups

HubSpot just closed its mezzanine round, so I thought I’d share some surprising things I learned during the process. That’s my sense of things based on insights from HubSpot’s mezzanine round of funding. The Surprising Importance of Your Series A Terms on Your Mezzanine Round. The initial pricing interest in our early stage rounds varied widely; but in our mezzanine round, the numbers came in much closer to each other.

Getting Your Demos Right

Feld Thoughts

The demo is iconic and amazing, but it takes too long and is too abstract for their corporate customers buying Oblong’s Mezzanine product. For several months, I kept banging on them to set up a simple use case, which is the how I use the Mezzanine system in our office.

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Mercy Hospital Virtual Care Center Supported By Oblong

Feld Thoughts

My friends at Oblong have been involved in some very cool new installations of their Mezzanine product in different vertical markets. Investments collaboration HIMSS mercy mezzanine oblong virtual care center

True Stories of the NCIS with Oblong Mezzanine

Feld Thoughts

I like NCIS, but I’m especially excited about Oblong’s Mezzanine product being a central part of the show. The post True Stories of the NCIS with Oblong Mezzanine appeared first on Feld Thoughts. Investments mezzanine ncis oblong

Price of Admission Is An Amazing Product

Feld Thoughts

Accenture just launched their Connected Analytics Experience’s immersive environment which is enabled by Mezzanine. As a daily user of Mezzanine, it actually makes video conference and collaboration tolerable. Technology 3dr bb8 glowforge mezzanine oblong product sphero teslaAs I read about the unveiling of the Tesla Model X , I have two thoughts. The first one is “I want” (hint: Amy – you need to replace your red Range Rover.)

Oblong NYC Event on 7/24

Feld Thoughts

In addition to an amazing demo and good food, Christopher Walsh (Director of Product Effectiveness for McGraw Hill Financial S&P Capital IQ) is going to be talking about how his organization uses Oblong’s Mezzanine to change the way they work.

What’s Old Is New Again

Feld Thoughts

A year ago the present caught up with the future and their first product, Mezzanine , came to life. My Investments future mezzanine oblong pixels user interfaceOver the weekend, Kwin Kramer, the CEO of Oblong , wrote a great essay on TechCrunch titled Hey Kids, Get Off My Lawn: The Once And Future Visual Programming Environment. He starts off with a great Mark Twain quote. “When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around.

Today’s Fun – Gnip, Twitter, Uncommon Stock, and Pre-Seed Rounds

Feld Thoughts

Series C/D is the new Mezzanine. FSA (Feld Service Announcement) – my version of a “public service announcement”: Moz is on the hunt for a VP of UX and Design. This role is one of our most crucial hires this year. The ideal candidate will come to us with experience and examples to show of very complex, technical projects that s/he made simple and fun.

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Through the Looking Glass

Feld Thoughts

Our first 3D-related investment was Oblong , which has reinvented the way we engage with computers (which we call infopresence ) through the use of their 3D spatial operating system called g-speak and their collaboration product Mezzanine.

Getting a New Receptionist with TextUs.Biz

Feld Thoughts

As a result, we redesigned the entrance to our office with “Receptionist” front and center, a new lobby, and a Mezzanine room. While I have nothing against receptionists, I’ve always felt like it was a thankless job that should be able to easily be replaced by the machines.

10 Keys To Evolution From A Startup To An Enterprise

Startup Professionals Musings

They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service.

My Plan to Master Video Conferencing

Feld Thoughts

At the high end, we use Oblong’s Mezzanine. It integrates directly with a Cisco system so you get the Mezzanine experience virtualizing the Cisco high end video conferencing. I’ve decided not to travel for the rest of 2013. There are a lot of inputs into this decision, including the fact that I’ve been travelling 50% – 75% of the time for the last 20 years and I’m just tired of it.

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This Is The Droid You Are Looking For

Feld Thoughts

If you hang around in our office at Foundry Group you see plenty of Makerbots, Fitbits, an Oblong Mezzanine, an Occipital Structure Sensor, ModRobotics Cubelets, littleBits, 3D Robotics drones, and Spheros.

The 5 Key Stages of Equity Funding

Growthink Blog

Mezzanine Financing Most companies that raise equity capital and are eventually acquired or go public receive multiple rounds of financing first. Mezzanine investors generally take less risk, since the company is generally solid and poised to "cash out" relatively quickly.

Early Seed Financing Terms Endure… Whether We Like It or Not

Genuine VC

Dharmesh Shah had a great post up last week about the lessons learned from raising a mezzanine round of financing. It’s really interesting, but perhaps only applicable to a more limited set of entrepreneurs. However, there was one gem of a small section in there with a more widely acceptable takeaway: “It turns out that the terms from your Series A are most often cut and pasted into your later round deals.

Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Late stage large regionally based funds that invest in late stage or mezzanine deals. Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster.

Scaling the Chasm

Seeing Both Sides

Financing: Do we have the metrics to support a growth or mezzanine round? One of my favorite business books of all time is Crossing the Chasm by Geoffrey Moore. It is a classic.

The Next Business Stage Requires Aggressive Growth

Startup Professionals Musings

They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service.

Welcome to SBA Ventures LLC.

Inc Startups

The program is an offshoot of its Small Business Investment Company capital investment program, which licenses private equity firms to invest mezzanine capital in more established small companies.

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The $1 Million Elevator Ride

Inc Startups

The elevator stopped at the mezzanine, and a group of conference attendees forced us to the back of the car. It's not always the pitch that matters. Sometimes you need to know when to shut up and listen.

The Simple Change That's Completely Transformed How I Get Things Done

Inc Startups

At the Foundry Group office in Boulder, we installed Oblong’s Mezzanine system , which we believe is the future technology for collaborative, distributed work. The best part about it? No app, checklist, or special process was required.

Venture Capital Access Program launches to aid women and diverse entrepreneurs

David Teten

Founded in 1970, NAIC firms invest in venture (early stage/later stage) and private equity (growth/buyout/mezzanine/distressed/secondary funds).

5 Key Numbers A Buyout Firm Uses to Value Your Company

Inc Startups

There are other drivers in the financial model: tax implications; cost of interest on the debt; whether there will be a mezzanine layer of financing; and identifying the best projections that best represent the company’s prospects.

The Valuation Trap

Inc Startups

But the author makes a point at the end in a section called "The Valuation Trap" that I very much agree with: "A second iron law of startups might be that the higher the valuation of a startup, the fewer options it has for financing and exits…… once a company has raised mezzanine capital and is valued in the billions, its options are essentially to go public or find a very interested buyer with deep pockets.

Changes in Software & Venture Capital – Part 2 of 3

Both Sides of the Table

As some of the last generation of startups have gotten bigger many VCs have also chased later-stage investments that were traditionally dominated by growth equity or mezzanine funds.

How To Make The Most Of Your Small Startup Office

YoungUpstarts

A much simpler but equally as effective option is installing a mezzanine warehouse. Get in touch with a specialist company, like Invicta Mezzanine Floor, to learn how you can better utilise high ceilings and create a whole new level of floor space in your building. #3:

IVC - Summary of Israeli Private Equity Deals - Q1 2011

Recent Buzzes - VC Experts, Inc.

This survey reviewed the following types of financing deals in the Israeli private equity arena: straight equity, buyouts, mezzanine, distressed debt and turnaround/distressed equity. FIMI had the third largest deal - a $36 million mezzanine financing of Alon Brands.

5 Alternatives to Venture Capital

Inc Startups

Venture debt or mezzanine debt: When traditional bank loans are not sufficient, alternative debt providers are an option, albeit at higher interest rates. Entrepreneurs at growing companies often rush to raise venture funding.

Twitter Link Roundup #153 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Surprising Insights From HubSpot’s $35M Mezzanine Round | ON Startups – [link]. Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing.

16 Cool Coworking Spaces

Inc Startups

The space features a wrap-around mezzanine with permanent desks that look over the main area, and more flexible, open space. They're affordable, full of start-up geeks like you, and way cooler than any office you could afford. Ready to get out of the basement and into a real office?

Show Me the Money: What are my Financing Options for my Business?

Up and Running

Traditional banks, government programs, credit unions, micro-lenders, and mezzanine funds all have initiatives to help businesses at all stages of development. Image via Wikipedia.

Finalist Women and Minority Entrepreneurs Named in VCAP Program

David Teten

Founded in 1970, NAIC firms deposit in try (early stage/later stage) and private equity (growth/buyout/mezzanine/ distressed/secondary funds). HBS Angels of NY and the NAIC have named the finalist women and minority entrepreneurs of the Venture Capital Access Program; check out the press release below. If you’re from a major media outlet, please contact me to attend as a guest the pitch night in midtown Manhattan on June 27.

Startup Sauna Spring '14 Demo Day: 17 New Alumni Announced after Tips from Supercell's Paananen

ArcticStartup

A good deal of people had found their spots alongside the mezzanine that encircled the room from above, leaving the spiral staircases that connected the two levels equally occupied.

Hybrid instruments in startup financing – a Finnish legal point of view

ArcticStartup

Editor''s note: This is a guest post by Jaakko Lindgren and Laura Pirhonen, Castrén & Snellman Attorneys Ltd. Freedom of contract as a main rule in contractual relationships provides for a large variety of options in startup financing.

Why Profitable, Growing Companies Can't Get Financing

Inc Startups

Years later I’ve done angel, venture capital, private equity, commercial debt, and mezzanine debt deals as a founder, operator or board member for companies of all sizes, and have a much better understanding of what works when.

Defining Intercreditor and Subordination Terms in Deal Negotiations

Recent Buzzes - VC Experts, Inc.

In contrast to traditional mezzanine indebtedness, second lien debt was less expensive and did not dilute the sponsor's equity ownership. In the current post-credit freeze era, second lien financing is disappearing, and mezzanine and other subordinated debt options are reemerging to fill the gap between senior loans and equity with a wide range of intercreditor and subordination terms.

This Friday at NYU-Annual Stern Private Equity Conference

David Teten

The Stern Private Equity Club will host its 8 th Annual Stern Private Equity Conference on Friday, March 1 st , 2013. Keynote Speakers are Andrea Bonomi (Chairman of Investindustrial), Mark Dzialga (Managing Director and Chairman of the Investment Committee at General Atlantic) & me.

On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

And this is happening in mezzanine (pre-IPO) deals as well. This post originally ran on TechCrunch. I recently spoke at the Founder Showcase at the request of Adeo Ressi. I asked what the audience most needed to hear.

Summary of Israeli Private Equity Deals - Q2 2011

Recent Buzzes - VC Experts, Inc.

This survey reviewed the following types of financing deals in the Israeli private equity arena: straight equity, buyouts, mezzanine, distressed debt and turnaround/distressed equity. By Marianna Shapira, Research Manager, IVC and Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. ????

Sources of Capital - Private Equity

Recent Buzzes - VC Experts, Inc.

This category of firms is a superset that includes venture capital, buyout-also called leveraged buyout (LBO)-mezzanine, and growth equity or expansion funds. PRIVATE EQUITY. Private equity is a term used to broadly group funds and investment companies that provide capital on a negotiated basis generally to private businesses. The industry expertise, amount invested, transaction structure preference, and return expectations vary according to the mission of each.

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