Sramana Mitra: What is the typical round size? Ron Heinz: We typically put in between $3 million and $6 million. Our ownership structures tend to be between 15% to 25%. Our average check size upfront is $5 million and the reserve would be double of that. Sramana Mitra: When you do a Series A in
Sramana Mitra: A couple of points to add to what you said is, I started seeing a bit of an inflection point in Utah after Omniture. Omniture was a very visible success out of Utah. Omniture went public. Adobe acquired Omniture. That has been the milestone. The other thing, from a trend point of view
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ron Heinz was recorded in May 2017. Ron Heinz, Founder and Managing Director at Signal Peak Ventures, a venture firm operating mostly in the Rocky Mountain corridor, discusses what’s happening in Utah, as well