Sam Dundee, CFA’s Post

Discover how angel investing transforms the Hispanic business landscape, one startup at a time. From seeding dreams to fueling growth, angel investors are not just funders; they're partners in growth. Ready to be part of this journey? Join the HWP Angel Community today and start making a difference https://bit.ly/4ahjR65 #AngelImpact #HispanicBusinessGrowth #AngelCommunity #HispanicWealthProject #HWPangels

"A16z is targeting $6.9 billion for a “master feeder fund,” per the report in Axios. The firm expects a final close in early April on between $6.5 billion and $7 billion. Per the report, half of the raise — as much as $3.5 billion — would go to the firm’s fourth growth fund. A16z announced its last growth fund in early 2022 at $5 billion, so the new growth fund would be significantly less. The firm also is not raising dedicated early-stage or seed-stage funds, but instead splitting money by subsector. That will include 15% for an AI infrastructure fund and an AI apps fund, and also 10% for an “American dynamism” fund which would support national interests such as aerospace, defense, public safety, education, housing, supply chain, industrials and manufacturing." https://lnkd.in/eGzZNRzV

E91: xAI raising $6b at $20 valuation or not?; Chime at $16b, +185% above 2ndary market valuation?; Lightspeed continuation fund sign of 2ndary market maturation | Pre-IPO Stock Podcast – Jan 29, 2024 | Clint Sorenson CFA, CMT, Nick Fusco, Aaron Dillon 00:14 | xAI raising $6b at $20 valuation or not? - xAI is Elon Musk’s large language model; X owns 25% of xAI - Media stated xAI was raising $6.0b at a $20b valuation, $500m already raised - Musk posted on X that “xAI is not raising capital and I have had no conversations with anyone in this regard” … that seems pretty clear - Musk's infrastructure and data resources at X and Telsa give him a competitive edge - Quality of X data for training AI models may have poor data integrity (i.e. inaccurate facts posted by X users) - xAI must need the capital if it aims to follow OpenAI, Anthropic, Cohere and their needs for chips/GPUs 06:54 | Chime at $16b, +185% above 2ndary market valuation? - Chime is a fintech challenger bank that primary services low income customers - Chime raised at a $25b valuation in Sep 2021, I have them at $5.6b implied secondary market valuation - Chime has raised $2.65b in capital to date - A 10 year Chime investors says Chime is closer to $16b to $20b - Chime at 14.5 million customers and $1.8b in 2022 revenue ... thats a 8.8x revenue multiple to meet a $16b valuation - Is 8.8x too high for a business of this type? - Investing in profitable, fast-growing companies with depreciated secondary market values is an interesting investment thesis - Important to have a long term investment horizon when investing into the private markets 16:03 | Lightspeed continuation fund sign of 2ndary market maturation - Lightspeed Venture Partners is moving 10 investments worth $1b+ into a continuation fund and allow LPs to sell their interests - A lot of secondary deals get done through buying/selling LP interests ... deals happen away from the company and do not require board approval or get ROFRed - Lightyear has investments in companies like Stripe, Ripple, Anduril Industries, Stability AI, Alloy, Cohere … tbd if these companies will be in the continuation fund - Liquidity is a positive for investors and secondary market trading may be better vs VC funds taking loans against portfolio to meet investor liquidity needs - SPVs and continuation funds are a positive for private stock market as its a sign of a maturing market, creating more investor comfort in the space

Thinking about getting on the AI train? Investing in AI can be a effective way. Check out our latest newsletter for insight on what to look for BEFORE you invest in AI. You'll also find what one prominent Portlander thinks of the city. Find out if he is doubling down or heading out. Speaking of Portland, could this be a hub for compliance and security startups? We chat with hundreds of impactful startups each year and share our insight with you in this month's issue. Don't miss our monthly newsletter, packed with insider insights, investment tips, and updates on the most promising startups in Oregon and Southern Washington. Subscribe to get be one of the first to get it in your inbox monthly. https://conta.cc/3OfUAir Lynn Fletcher | Eric Rosenfeld | Matt Compton | Jon Maroney | Melissa (Durham) Freeman | Alline K. | Deepthi Madhava | Gloria Zabel | Mary Geyer . . . #VentureCapital #OregonInnovation #InvestmentOpportunities #Startups #Newsletter #InnovationUnleashed

“The largest Series A in insurtech at the time in 2015 was $15m so when I started the fundraising process I aimed for $30m: We raised $30m. The largest Series B was $120m: We raised $240m. Setting high ambitions is not enough: You need to believe in yourself and your abilities to achieve your aim. For this you need to convince yourself deeply - right to your very being - how you are going to effectively deploy this capital to enter a new stage of growth for your business. What business KPI’s will you be able to achieve? Which new strategic initiatives are you going to invest in? How will these investment impact the future value of your business?”

#Munich-based #einwert secures €4 million in seed #funding led by pan-European early-stage VC Ventech. With Ventech as the lead investor, the current group of investors, which includes 468 Capital, Wecken & Cie, Auxxo Female Catalyst Fund, and infinitas Capital, has raised their stakes. Together with Oliver Manojlovic, VP Sales of #Personio, and Dr. Stephan Rohr, #founder and co-CEO of TWAICE, the current business angels are joined by Ulrich Groß and Jürgen Roth (Immowelt). Interfaces offer for the smooth #integration and accessibility of all pertinent data and documents. This implies that the einwert platform will always provide #digital access to the valuation results for analysis. Real-time value analysis and benchmarks are made possible by combining all #pertinent real estate, valuation, and market data from many sources into one location. Drs. Christina Mauer and Maximilian Schlachter launched einwert in 2022. The founding team states that the newly subscribed seed #financing round’s proceeds will be utilised to build the einwert platform into the leading value management platform in #Europe. einwert Ventech 468 Capital Wecken & Cie. - Care4 AG Auxxo Female Catalyst Fund infinitas capital Dr. Christina Mauer Dr. Maximilian Schlachter Dr. Stephan Rohr To share your startup story write us on - contact@startuprise.co.uk #einwert #funding #eustartup

An often overlooked but crucial task for startups is defining their Vision, Mission, and Values. These pillars guide a company's culture and underpin their journey. We are thrilled to announce that 0924 Investments, LLC has posted our VMV on our website, even though we know they will evolve as we grow. Check them out at https://lnkd.in/gJ3QhayH. Remember, #ValuesMatter!

Join Marta New (Radyus Research), Chris Sarlo (Life Science Wealth), Maria Clarke, CFA, (J.P. Morgan Private Bank), and Matthew Miessau (Epidarex Capital) at RESI South 2024, March 25-27, a hybrid conference, in-person (March 25), and online partnering (March 26-27), for Investing in YOU: Personal Wealth Planning for Founders Workshop! With the recent (if not constant) ups and downs seen in the life science capital markets and banking sector, it is imperative that founders begin with the entrepreneurial end in mind: a successful liquidity event for both investors and the founder. From deciding the legal structure of your company, to share structure, to tax considerations and estate planning and more, founders need to have a plan from the start. This panel includes experts from banking to wealth management, venture capital, and an entrepreneur.  There is still time to Register for RESI SOUTH! REGISTER: https://lnkd.in/evdB8_as #RESI #RESISOUTH #RESIATLANTA #Startups #Investment #Pitch #Earlystage #Fundraising #Healthcare #Lifescience

🚀 Exciting News from KINGSCROWD! 🚀 We are nearing the close of our community fundraising round on Wefunder, with less than a week left! Don’t miss this unique opportunity to invest in KingsCrowd at the current valuation (deal terms on our Wefunder page). Why invest in KingsCrowd, the "Bloomberg for alternative investing"? 🌟 Impressive Track Record: Already raised over $1.3 million this round from VCs, angels, and customers alike. 💹 Growing Financials: $735,000+ in 2023 revenues with a 60% YoY growth (cash-basis, non-audited). 💼 Democratizing Investment: Open to everyone, regardless of wealth or background—every investment counts! Invest and check out the deal terms here 👉 https://lnkd.in/dz924X_P #capitalraise #startupinvesting #regcf #regulationcrowdfunding

Don’t miss this conversation and Join us as we discuss strategies to stretch capital, run lean, and build a recession-proof business! Thanks Techstars Los Angeles Accelerator and Grid110 for this conversation #smallbizbanking #techstars #webinar #businesscapital #funding #vc