Sentences with phrase «latest valuation of his company»

He wouldn't comment on the latest valuation of his company, but it could be worth hundreds of millions of dollars given that it has raised over $ 100 million so far.

Not exact matches

Many of these late - stage companies are known as unicorns, as their valuations exceed $ 1 billion, and they include car - share service Uber and apartment - share service Airbnb, which are currently valued at more than $ 50 billion and $ 13 billion, respectively.

However, the Federal Reserve increased its benchmark interest rate in mid-December, which is likely to have a direct impact on fundraising and force down the high valuations of many of these late - stage private companies, venture capitalists and economists say.

The lofty valuation comes in part because companies like HootSuite, surfing the social media wave, have been getting acquired ravenously of late.

To date EverFi has raised a total of $ 251 million including the latest round, its Series D. People familiar with the deal declined to comment on the firm's private valuation, though one person familiar with the terms suggested that the company had not, at this stage, hit that oft - vaunted billion - dollar milestone.

During the late»90s, Silicon Valley venture capitalists and New York City investment bankers used phrases such as «monetizing eyeballs,» «stickiness,» and «B2C» to justify the ridiculous valuations of internet companies.

It is also the latest evidence of a surge in venture capital financing for technology companies, that has produced some eye - popping valuations.

The company is reportedly planning to go public later this year and it will seek a valuation of roughly $ 4.1 billion (# 3.4 billion), according to Bloomberg's sources.

After its latest round of funding in February, Zynga's latest valuation was $ 10 billion, but the company will likely price itself higher in its offering.

If your loved ones make an investment based on a company valuation of $ 5 million, «it's not a fun dynamic when professional investors come along later on and tell them it's only worth $ 1.5 million,» says Cohen.

That's as much as 24 % less than the $ 25 billion valuation for which Snap was reportedly aiming, which was also the Snapchat company's private - market valuation as of its latest funding round.

Here is a chart to show you the median valuation of late stage private tech companies compared to traditional growth rounds of capital led by VCs and also vs. the public markets.

In late 2015, many public technology companies saw a significant retrenchment in their share prices primarily as a result of a reduction in valuation multiples.

Bloomberg first reported the latest development, which follows months of talks about both a direct investment in the ride - hailing company at the company's last private valuation of nearly $ 70 billion and also a large purchase of the shares of existing shareholders at the lower price.

The rapid growth of the private market has been driven by (1) the steady pipeline of private companies growing into $ 1 billion valuations, (2) the continued growth of the companies already considered late stage — e.g., unicorns becoming deca - unicorns and (3) the very low number of companies selling or going public.

The Series A Preferred shall also be convertible into any future series of Preferred Stock (the «Future Preferred») under either of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred Stock equity financing in which the Company's fully diluted pre-money valuation is greater than the Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert into shares of Future Preferred only in the event that all of such shares of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing of the Future Financing at a price per share no lower than the price per share at which the Company sells shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party of the holder.

Higher valuations for later stage, more mature companies may be supported as companies are generating revenues earlier and remaining private longer, as well as accepting larger rounds of funding from typically public investors.

In nearly all cases, if a growth company is still around ten years later, it will almost certainly be worth much, much more than today — regardless of current valuation.

I believe severe valuation contraction at all three companies sets them up for potentially excellent returns should the price of oil recover later this year, here's why.

The two peaks on the chart are the two - tiered «glamour stock» markets of the early 1970's and the late 1990's, where large companies commanded steep valuation premiums.

Last year when I did a quick analysis of Premier I used the company's numbers for the value of the Titanic assets (the same that were reiterated in the latest press release) and used Above Average Odds» valuation of the operating business.

As of year - end, over 40 % of the portfolio's now been assessed, and results actually re-confirmed the company's latest valuation assumptions.

Xiaomi raises a whopping $ 1.1 billion in the latest round of funding, giving the company a valuation of $ 45 billion.