George Zachary, a partner at Charles River Ventures and the first institutional investor in Pebble, said Wednesday that the company's revenue hit $ 43 million last year and will double in 2014. (cnbc.com)
Perth - based explorer Lithium Australia has attracted its first institutional investor for a big slice of its $ 6.55 million capital raising. (businessnews.com.au)
Instead of trading equity, consider using convertible debt, which delays a valuation of a company until the first institutional investor buys into the firm. (entrepreneur.com)