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8 Keys To Maximizing Your New Venture Stock Net Worth

Startup Professionals Musings

Even though initial stock has no value or market, it is extremely valuable in dividing entity ownership between multiple co-founders, commensurate with their investment, contribution and role. Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out.

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Yucaipa To Take SIGNA Sports United Public Via SPAC

socalTECH

Private equity investment company Yucaipa, led by Ron Burkle, is taking a German online bike retailer SIGNA Sports United public via an Special Purpose Acquisition Company (SPAC) acquisition, the two said last week. The company will have net revenues of approximately $1.6 billion.

.Net 113
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EVgo Goes Public Via SPAC

socalTECH

Los Angeles-based electric vehicle charging network operator EVgo said early on Friday morning that it will be going public, via an acquisition by a special-purpose acquisition company (SPAC). EVgo said that it expects to receive $575M in net proceeds, which it will use to fund and accelerate its growth strategy and network buildout.

.Net 113
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Demand Media Nets $77.2M From IPO

socalTECH

in net proceeds from the firm's IPO last week. The firm, which debuted on the NYSE as DMD, said it will use the new funding for investments in content, international expansion, working capital, product development, sales and marketing activities, general and administrative matters and capital expenditures.

.Net 145
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Bluebeam Nets Local Angel Groups 20X Return

socalTECH

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. pasadena angels exits venture capital angel investment bluebeam tech coast investors greendot gdot' READ MORE>>.

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Kintara Seeking $15.0M In PIPE

socalTECH

The company said the exclusive placement agent on the offering is H.C. Wainwright & Co.

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Microsemi Acquired By Microchip Technology For $8.35 Billion

socalTECH

billion after accounting for Microsemi's cash and investments, net of debt. The two did not say how the acquisition will affect Microsemi's large workforce in Orange County. According to the two, Microchip will pay $68.78 per share in cash for Microsemi, in a deal which will have a total enterprise value of about $10.15