If you're a founder raising debt to grow and keep equity: SMART Google issuing 100 year bond:
Me: You don't pay sales reps a base salary. How many make good money? CEO: "more than half make $300k/yr" 🤯 First time I've heard of top sales reps takingn 100% commission work. Its working for this founder. LMK if...
everyone wants to close before Christmas. busy day at Founderpath today. we'll fund ~$5-10m more before holiday Founderpath is, by far, the most active investor in Software startups by deal count https://t.co/sU5DGqneOU
Notion grows from $30m ARR ($10b series C) to $600m ARR today: Now considering a $12b tender offer. BUT Only 1.2x valuation increase despite 20x revenue increase? yeah tender may be common shares generally valued less than preferred (Series C)...