socalTECH

DECEMBER 26, 2018

San Luis Obispo-based MINDBODY , the developer of spa, beauty, fitness, and other booking software and services, has been acquired by Vista Equity Partners , in a deal worth $1.9 billion, the two companies said on Christmas Eve. According to the two, Vista equity will pay $36.50 READ MORE>>.

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Equity Acquisition Pricing Software 113

socalTECH

MAY 16, 2014

Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 The pricing was below the company''s earlier, estimated IPO range of $12.00 The company raised around $71.1M The company offers up online pricing of news cars as well as powers affiliate car buying programs. READ MORE>>.

Truecar 147

Truecar Pricing Arcturus Anthem 147

Both Sides of the Table

AUGUST 30, 2010

I’ve written about the topic of convertible debt at length before specifically about how angels & entrepreneurs should think about pricing. Convertible debt is an investment that “converts&# into equity in the future usually at a discount to your next funding round price and sometimes has a “cap&# (maximum price).

Equity 319

Equity Pricing Venture Capital Entrepreneur 319

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. of the company for him. of the company for him. and we have 11.1%

Equity 391

Equity CTO Hire Startup Examples 391

SoCal Tech Calendar

MAY 31, 2016

Beverlly Hills-based private equity investor Platinum Equity , and Van Nuys-based Electro Rent said Tuesday that the two are in a definitive agreement, where Platinum Equity will pay approximately $323.4M Platinum Equity said ti will pay $13.12 percent over the company's closing price on May 27th.

Van Nuys 100

Van Nuys Equity Pricing Company 100

socalTECH

OCTOBER 21, 2013

Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs , a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. According to Marlin Equity, it will pay $2.45 According to Marlin Equity, it will pay $2.45

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Equity Pricing Networking Acquisition 124

Berkonomics

JANUARY 26, 2017

The most striking example was the one hundred–million–dollar purchase of one of my companies by a New York private equity investor using only five million of its cash. If there are enough of these, the CEO or founder can announce a valuation as high as double the actual negotiated enterprise value of the company.

Pricing 120

Pricing Sales Tool Equity 120

socalTECH

MAY 20, 2013

San Diego-based security software developer Websense announced this morning that it has signed a definitive agreement to be acquired by private equity firm Vista Equity Partners. Websense said Vista Equity Partners will pay $24.75 per share in cash for the company. The deal is worth approximately $1 billion. READ MORE>>.

Equity 159

Equity San Diego Software Development Acquisition 159

socalTECH

JULY 25, 2012

San Diego-based Peregrine Semiconductor , the developer of CMOS, RF integrated circuits, has set an estimated pricing range for its its IPO. According to a filing by the firm this morning, it is estimating a IPO price of between $14.00 and $16.00 The firm is offering 5,500,000 shares of its stock in its IPO.

Pricing 145

Pricing San Diego Equity Marketing 145

socalTECH

JULY 11, 2016

Impinj , a developer of RFID technology which has engineering offices in both Rancho Cordova and Newport Beach, has set the estimated IPO pricing range for its stock at between $12.00 per share, the company said in a filing this morning. and $14.00 READ MORE>>.

Orange County 100

Orange County Pricing CalTech Venture Capital 100

socalTECH

AUGUST 8, 2012

San Diego-based Peregrine Semiconductor priced its IPO last night, saying that it will offer up 5,500,000 shares of its common stock at $14.00 Peregrine priced at the low end of its initial estimated pricing range, which was $14.00 Morgan Securities LLC, RBC Capital Markets LLC, Needham & Company LLC, Oppenheimer & Co.

Pricing 133

Pricing San Diego Startup Equity 133

Berkonomics

AUGUST 3, 2023

You will realize much more from the ultimate sale of your business even if at a considerably lower price than if splitting the proceeds with investors. Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased. There is a lot to say about retaining control.

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Venture Capital Startup Class Invest 295

Both Sides of the Table

SEPTEMBER 23, 2010

They might not actively “collude&# and say “let’s collectively keep the price down&# but in the resulting discussion pricing information will flow – whether intentional or not. They’re not in search of price fixing or collusion, they’re in search of diligence information about the company.

Pricing 292

Pricing Entrepreneur Technical Review Venture Capital 292

socalTECH

SEPTEMBER 30, 2015

Irvine-based disk drive and storage maker Western Digital Corporation has received a massive, $3.775 billion equity investment from Chinese company Unisplendour Corporation Limited , which will give Unisplendour a 15 percent stake in the company. per share for the stake.

Equity 100

Equity Pricing Invest Product 100

TechCrunch LA

DECEMBER 10, 2019

ProducePay offers farmers cash advances throughout the growing season to smooth the sometimes lumpy revenues and give farmers a bit more predictability, the company said. Since its launch in 2015, the company has seen $1.5 ProducePay raises $77 million in debt and equity to revolutionize farm financing.

Pricing 192

Pricing Los Angeles Equity Services 192

Startup Professionals Musings

SEPTEMBER 25, 2019

For example, 200,000 shares may sound like a lot, but if the startup has issued 20 million (a common starting point), that’s just 1% of the company. Plus you have to remember that these 200,000 shares could still be worth nothing in four years, depending on the “strike price” today, compared to the market price four years from now.

Equity 94

Equity Startup Pricing Marketing 94

Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

Xconomy

AUGUST 16, 2017

Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. 1, private equity firms in North America and Europe had secured $212.6 As of Aug.

Equity 69

Equity Pricing Acquisition Report 69

Berkonomics

MAY 8, 2014

I am chairman of a company that, as I write this, is twelve years old and has not yet taken a dollar of outside investment. The company has been funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. How refreshing!

Company 166

Company Companies Writing Education 166

socalTECH

JANUARY 26, 2011

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 UBS Securities LLC, Allen & Company LLC, Jefferies & Company, Inc., per share, and above the initial 7,500,000 shares.

Demand 162

Demand Pricing Cornerstone OnDemand Media 162

socalTECH

MAY 24, 2021

Los Angeles-based ProducePay, a fintech startup which offers up pricing information, analytics, and a marketplace connecting produce growers and distributors, has raised $43M in its Series C funding. The company says the new round brings its total raised to over $300M, including both equity and debt.

Pricing 113

Pricing Equity Los Angeles Capital 113

Both Sides of the Table

DECEMBER 11, 2022

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. In those years I learned to properly build product, price products, sell products and serve customers. Between 2006–2008 I sold both companies that I had started and became a VC.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

TechCrunch LA

JULY 19, 2022

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. The equity will go toward hiring more talent to join Ghost’s 25-person team.

Product 191

Product Funding Technical Review Equity 191

Berkonomics

FEBRUARY 23, 2023

When do you sell your company? Companies sometime run out of cash in the midst of their increasing success, and often find that sources of loans or investment are not freely flowing at the moment of need. So, the question: load up with more equity and dilution? Obviously, we all want to sell at the top. And there is the problem.

Pricing 156

Pricing Invest Equity Entrepreneur 156

socalTECH

JUNE 28, 2021

The publicly traded company--which trades on the Nasdaq as OBLG--said it sold 4,000,000 sahres of its common stock at a purchase price of $3.10 The company's placement agent for the offering was The Special Equities Group, a division of Dawson James Securities, Inc.

.Net 113

.Net Equity Los Angeles Pricing 113

Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

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Startup Company Companies .Net 383

Berkonomics

FEBRUARY 3, 2022

It is perfectly OK for you to want to grow your company and plan to keep control for you and your offspring, with no intention to sell. The advantage of creating an evergreen company. I was able to negotiate a “put” of my shares back to the company at 5x my investment. What if you later decide to just keep control?

Equity 156

Equity Course Sales Invest 156

Berkonomics

MARCH 8, 2018

Give one percent equity to each outside board member vesting over four years of service. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service.

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Venture Capital Equity Sales Invest 256

socalTECH

FEBRUARY 11, 2021

The company sold 3.9 per share, below its estimated IPO pricing of 15.1M The company claims it is now the second largest retail-focused non-bank mortgage originator and the fifth largest overall retail originator, with $79.4 LoanDepot was private equity backed by Parthenon Capital Partners.

Equity 113

Equity Pricing Platform Capital 113

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T.

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San Diego Coach Sales Training 113

TechCrunch LA

MARCH 27, 2021

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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SaaS Glendale Statistics Los Angeles 292

socalTECH

SEPTEMBER 10, 2020

San Diego-based sales enablement and marketing software developer Seismic said this morning that it has named Heather Cole as the company Vice President, Market Growth. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures; at the time of its last funding, in 2018 , the company was valued at more than $1 billion.

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San Diego Equity Research Software Development 113

socalTECH

NOVEMBER 23, 2020

Los Angeles-based online underwear, sleepwear, and loungewear brand MeUndies has scored a big, $40M funding round, the company announced on Monday, from private equity investor Provenance. The company says it has so far sold 16 million pairs of its underwear.

Equity 113

Equity Los Angeles Pricing Design 113

Both Sides of the Table

SEPTEMBER 18, 2014

Me: At what price? Him: It wasn’t priced. So you did raise with a price. It’s just a maximum price. Him: But when I raised my first round we didn’t know how to price the company. How will you price the next round? That way you don’t have a max or min price but you have a price.

Venture Capital 417

Venture Capital Capital Pricing Doc 417

SoCal Tech Calendar

NOVEMBER 14, 2009

Company Valuations: What methods are VC'S, investment bankers, the IRS and others using to value companies in today's environment and what are the current trends in values? Whether you are planning to raise equity or are looking for an exit in the near future, it is important to understand how third parties will value your company.

Company 100

Company Companies Venture Capital Equity 100

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. However, to be a great VC you have to hold two conflicting ideas in your head at the same time. dot-com bonanza. Seed has become an option factory for many.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

DECEMBER 18, 2018

San Diego-based Seismic , a developer of sales and marketing software, has raised $100M more in a funding round, which values the company at $1 billion, the company said on Tuesday. Rowe Price, plus General Atlantic, JMI Equity, and Jackson Square Ventures. The funding round came from Lightspeed Venture Partners, T.

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San Diego Sales Equity Pricing 113