Birst, Inc. - Latest Venture Capital Financing Deal Terms & Valuations
 

Like this? Share it with your network

Share

Birst, Inc. - Latest Venture Capital Financing Deal Terms & Valuations

on

  • 964 views

Deal Terms, Pricing, and Valuations of the latest financing rounds for Birst, Inc. Similar data on thousands of private companies is available in the Valuation & Deal Term Database at ...

Deal Terms, Pricing, and Valuations of the latest financing rounds for Birst, Inc. Similar data on thousands of private companies is available in the Valuation & Deal Term Database at http://vcexperts.com.

Statistics

Views

Total Views
964
Views on SlideShare
960
Embed Views
4

Actions

Likes
0
Downloads
10
Comments
0

1 Embed 4

http://www.slashdocs.com 4

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Birst, Inc. - Latest Venture Capital Financing Deal Terms & Valuations Document Transcript

  • 1. Birst, Inc.The “Private Company Valuation Report” by VC Experts is aimed at providing specific deal terms and estimated post-money valuations for the venture-backed company.Included in the report are national, regional, and industry averages, company comparisons, investment rounds with deal terms, price per share, estimated fully diluted shares,and valuation trends. VC Experts has compiled this intense level of data from Federal and State regulatory filings as well as strategic partners to aid in better transparency ofprivate company information.Table of Contents Birst, Inc. Key Management Investors (current and historic) Comparable Private Companies Investment Rounds Valuation Trends Methodology for Cost of Capital Benchmark Methodology for Valuation Ticker Fair Market Value per Common Share FilingsBirst, Inc. Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 2. Birst, Inc.FKA: Success Metrics, Inc., the company brings the benefits of fact-based decision making to a much broader range of organizations by providing analysis and reportingsolutions that are quick to deploy, easy to use, and affordable. Birst supports organizations of all sizes - from individuals to groups and entire companies. Address: 153 Kearney Street, Suite 300, San Francisco CA 94108 Geographic Region: Silicon Valley Industry: Software SIC Codes: 7372 - Prepackaged Software (reproduction of software) NAICS Codes: 511210 - Software Publishers Legal Counsel: Gunderson Dettmer Company Website: http://www.birst.com/Key Management Investors (current and Comparable Private historic) Companies Brad Peters, Co-Founder, CEO, Director John Hummer, Director Duff Ackerman & Goodrich LLC 3D Marketing Technologies, Inc. John Coghlan, Director Hummer Winblad Venture Partners 6th Sense Analytics, Inc. (Acquired by Rally Software) Douglas Leone, Director Sequoia Capital A10 Networks, Inc. Young J. Chung, Director Above All Software, Inc. Doug Merritt, Director Adaptive Planning, Inc. Paul Staelin, Co-Founder, VP, Customer Success Ryan Ried, VP, Worldwide Sales Rick Spickelmier, CTO, VP, Engineering Wynn White, VP, Worldwide Marketing Sharon Gordon, VP, Birst Alliances & Technology Partnerships Manish Jani, Managing Director of Birst India Private Limited Chris Polishuk, VP, North American Sales Stefan Schmitz, VP, Products Andrew Marks, VP, Professional Services Jason Bissell, VP, International MarketsInvestment Data - PreferredInvestment Date Investment Amount Round Number Valuation Est. Fully Diluted Shares Preferred Price Per Share 2012-05-02 26.0 6 $70,565,562 43,933,235 $1.61 Round: Series D National: 15%, Regional: 15%, Industry: 13% Direction: Up Round National: 56%, Regional: 61%, Industry: 65% Liquidation Pref.: Pari Passu National: 44%, Regional: 50%, Industry: 50% Liq. Multiple: 0 - 1x National: 92%, Regional: 93%, Industry: 97% Stock Type : Conventional Convertible National: 52%, Regional: 64%, Industry: 61% Anti-Dilution: Weighted Average National: 97%, Regional: 98%, Industry: 99% Redemption: No National: 67%, Regional: 81%, Industry: 80% Cumulative Dividends: No National: 82%, Regional: 94%, Industry: 92% Reorganization: No National: 97%, Regional: 97%, Industry: 99% 2011-03-08 7.02 5 $28,460,490 23,786,452 $1.20 Round: Series C National: 27%, Regional: 28%, Industry: 27% Direction: Down Round National: 22%, Regional: 21%, Industry: 19% Liquidation Pref.: Pari Passu National: 43%, Regional: 48%, Industry: 47% Liq. Multiple: 0 - 1x National: 89%, Regional: 91%, Industry: 88% Stock Type : Conventional Convertible National: 49%, Regional: 58%, Industry: 50% Anti-Dilution: Weighted Average National: 93%, Regional: 94%, Industry: 96% Redemption: No National: 61%, Regional: 79%, Industry: 60% Cumulative Dividends: No National: 75%, Regional: 92%, Industry: 78% Reorganization: No National: 94%, Regional: 95%, Industry: 94% 2008-10-16 12.0 4 $36,675,468 14,234,608 $2.58 Round: Series B National: 30%, Regional: 30%, Industry: 27% Direction: Up Round National: 56%, Regional: 63%, Industry: 59% Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 3. Liquidation Pref.: Pari Passu National: 45%, Regional: 55%, Industry: 51%Liq. Multiple: 0 - 1x National: 93%, Regional: 95%, Industry: 95%Stock Type : Conventional Convertible National: 45%, Regional: 55%, Industry: 46%Anti-Dilution: Weighted Average National: 94%, Regional: 95%, Industry: 96%Redemption: No National: 60%, Regional: 81%, Industry: 62%Cumulative Dividends: No National: 75%, Regional: 95%, Industry: 82%Reorganization: No National: 96%, Regional: 95%, Industry: 96%Valuation Trend Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 4. Valuation Trend Valuation Trend 120M 3 100M 2.5 Post-Money Valuation 80M 2 Price Per Share 60M 1.5 40M 1 20M 0.5 0M 0 2008-10-16 2011-03-08 2012-05-02 Post-Money Valuation Price Per Share Highcharts.comMethodology for Cost of Capital Benchmark Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 5. Methodology for Cost of Capital BenchmarkThe Cost of Capital Benchmark Chart presents a metric of the companys cost of capital based on whether the deal terms included in its recent financing rounds were "companyfriendly" or "investor friendly", with comparisons to East Coast and West Coast averages. For example, if the company issues a security with a liquidation multiple of two, acumulative dividend, and full ratchet anti-dilution protection, while the average security issued by other companies in its region at that time had a liquidation multiple of one, nodividend, and weighted average anti-dilution protection, the Cost of Capital Chart would likely show a higher cost of capital for that financing round in relation to regionalaverages. Relative Cost of Capital Cost of Capital Benchmark 2007 2008 2009 2010 2011 2012 East Coast West Coast Birst, Inc. Highcharts.comMethodology for Valuation Ticker Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 6. Methodology for Valuation TickerThe Valuation Ticker Chart presents the estimated movement of the companys valuation over a year-long period since its last financing round, based on a basket of publiclytraded stocks in its industry sector. For example, if the companys valuation at the time of its last financing round was $100 million, and within a year the value of publicly tradedstocks in its industry sector have increased 30 percent, the chart will show the value of the company increasing to $130 million. Thus, the Valuation Ticker Chart provides you amore up-to-date estimate of the companys valuation than you would get by looking at the valuation of its last financing round alone. Valuation Ticker 75000k 72500k 70000k 67500k Est. Post-Money Valuation: $69,637,105 65000k 62500k 60000k From 05/02/2012 to 09/27/2012 Birst, Inc. Highcharts.comTotal Estimated Fully Diluted Shares as of 05/02/2012: 43,933,235Fair Market Value per Common Share Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 7. Fair Market Value per Common ShareFiling Date Shares Price Per Share2011-06-14 1,599,150 $0.4600002007-10-18 1,282,210 $0.1200002005-05-19 2,000,000 $0.030000Filings Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.
  • 8. VC Experts.com, Inc. Disclaimer: The information contained herein is from sources deemed reliable; it does not, however, purport to constitute investment advice nor does VCExperts represent that it contains all information concerning the identified Company deemed necessary or appropriate for investment decisions. VC Experts is neither abroker/dealer nor investment adviser and has no financial interest in the Company analyzed nor in the sale or purchase of any of its securities. The information and data are forreference purposes only and no implied or expressed warranties or assurances as to its accuracy or completeness are furnished by VC Experts. Estimates of valuation are, asindicated, estimates based on such information as we found available, the completeness of which is neither represented or guaranteed; users for any purpose are cautionedand required to undertake and perform their own investigations and due diligence. To the extent that the information incorporates content from specified sources of financialinformation, VC Experts disclaims any responsibility for the accuracy or completeness of such content.About VC Experts.com, Inc.: VC Experts.com provides specialized content, valuation & term sheet data on thousands of venture capital financing events, and analytics formanaging & modeling private company capital structures. Visit VCExperts.com for more information. Created on 2012-09-28 and authorized by VCExperts.com. Copyright © 2012 VC Experts.com, Inc.