Gaurav Jain is Managing Partner at Afore Capital, a firm focused on pre-seed investments. This is an excellent conversation for entrepreneurs looking for insights into pre-seed.
Sramana Mitra: In 2001, you’re done with Siebel Systems. What happens next? Rob Douglas: My ultimate goal was to become a successful entrepreneur and CEO. It was now time to learn more general management skills. I joined a company called Pivotal, which was a mid-market CRM company based out of Vancouver. I was the EVP
Sramana Mitra: In some cases if you can exit your company without needing a Series A, that is not a bad way to mitigate the Series A gap. Victoria Pettibone: Yes. Your angels are going to be happy for the most part. Even though it’s a short turnaround time, they will not have been diluted.
Andrew Romans is General Partner of Rubicon Venture Capital. Our discussion includes an interesting segment on ICOs.
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Rob has built a thriving founder-financed business from Toronto using very sophisticated strategic maneuvering. I just loved discussing the strategic nuances of this business. You’ll learn a LOT from reading this story. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you
This feature from Skift covers the funding and valuation trends in the mobility as a service sector in 2017 where ridesharing startups raised $28 billion. For this week’s posts, click on the paragraph links.
Sramana Mitra: Let’s talk about what you have invested in in your current portfolio. Maybe even exits. You talked about a couple of exits this year. One of them was an IT company. Victoria Pettibone: The two exits are both public. One was Ciel Medical which exited to Vyaire Medical. The other was Cloudamize, which
Sramana Mitra: Let’s discuss stage. The early stage investment has become quite complex. It used to be seed and Series A. Now it’s pre-seed, seed, post-seed, and pre-Series A. Victoria Pettibone: It’s true. There are no rules anymore. Like everything we do, we invest at every stage. However, most of the investments end up at