Investments - Tabular Analysis
| |
01/18/2008 |
10/27/2006 |
07/31/2005 |
06/28/2005 |
Round Number |
4 |
3 |
2 |
1 |
Total Investment |
50.00 |
20.00 |
8.00 |
1.20 |
Stage |
Late Stage |
Expansion |
Early Stage |
Startup/Seed |
Investors |
Fidelity Investments
T. Rowe Price Threshold Partnerships
|
BlueRun Ventures (FKA: Nokia Venture Partners )
Founders Fund, The
Khosla Ventures
Mayfield Fund
|
BlueRun Ventures (FKA: Nokia Venture Partners )
Founders Fund, The
|
Individuals
|
Deal Terms - Tabular Analysis
| |
06/23/2005 |
07/28/2005 |
10/27/2006 |
01/14/2008 |
|
Post-Money Valuation (best-estimate based on regulatory filings)
|
- |
$ 31,458,280 (© 2008 VC Experts.com, Inc.) |
$ 139,625,455 (© 2008 VC Experts.com, Inc.) |
$ 545,257,246 (© 2008 VC Experts.com, Inc.) |
|
Round of Financing
|
Series A |
Series B |
Series C |
Series D |
Natl: 35% |
Reg: 30% |
Natl: 28% |
Reg: 29% |
Natl: 20% |
Reg: 21% |
Natl: 8% |
Reg: 11% |
Type of Preferred Stock
|
Conventional Convertible |
Conventional Convertible |
Conventional Convertible |
Conventional Convertible |
Natl: 32% |
Reg: 39% |
Natl: 32% |
Reg: 39% |
Natl: 32% |
Reg: 39% |
Natl: 32% |
Reg: 39% |
Capped Participating Preferred
|
|
|
|
|
| |
|
|
|
|
|
|
|
Liquidation Preference for the Current Round
|
Not Applicable |
Pari Passu |
Senior |
Senior |
Natl: 31% |
Reg: 25% |
Natl: 32% |
Reg: 43% |
Natl: 37% |
Reg: 31% |
Natl: 37% |
Reg: 31% |
Multiple of the Liquidation Preference: 1x; 2x; 3x; > 3x.
|
0 - 1x |
0 - 1x |
0 - 1x |
0 - 1x |
Natl: 92% |
Reg: 91% |
Natl: 92% |
Reg: 91% |
Natl: 92% |
Reg: 91% |
Natl: 92% |
Reg: 91% |
Round Direction
|
Not Applicable |
Up Round |
Up Round |
Up Round |
Natl: 31% |
Reg: 26% |
Natl: 46% |
Reg: 52% |
Natl: 46% |
Reg: 52% |
Natl: 46% |
Reg: 52% |
Anti-Dilution Protection
|
Weighted Average |
Full Ratchet |
Full Ratchet |
Weighted Average |
Natl: 90% |
Reg: 95% |
Natl: 10% |
Reg: 5% |
Natl: 10% |
Reg: 5% |
Natl: 90% |
Reg: 95% |
Redemption at Investor's Option
|
No |
No |
No |
Yes |
Natl: 41% |
Reg: 76% |
Natl: 41% |
Reg: 76% |
Natl: 41% |
Reg: 76% |
Natl: 59% |
Reg: 24% |
Pay-to-Play Penalties
|
|
|
|
|
| |
|
|
|
|
|
|
|
Cumulative Dividends
|
No |
No |
No |
No |
Natl: 64% |
Reg: 94% |
Natl: 64% |
Reg: 94% |
Natl: 64% |
Reg: 94% |
Natl: 64% |
Reg: 94% |
Reorganization or Recapitalization
|
No |
No |
No |
No |
Natl: 93% |
Reg: 93% |
Natl: 93% |
Reg: 93% |
Natl: 93% |
Reg: 93% |
Natl: 93% |
Reg: 93% |
Valuation Ticker
The Valuation Ticker is a venture capital valuation tracking tool that utilizes the average daily close prices of public companies in particular industries. Each of these companies received venture capital or private equity funding prior to their IPO.
Utilizing averages from 1999 to present, these daily figures are then applied to the most recent post-money valuation of a private, venture-backed company within the same industry, as calculated by VC Experts, to simulate the movement of that company's valuation on a daily basis.
Additional data is utilized as a comparative measure, including the NASDAQ and S&P 500 indexes. With this tool, VCs, hedge fund managers, investment bankers and other investor groups can create a bucket of comparable analysis, as well as determine potential entry points when to go public.