Bootstrapping Course: Welcome

>>>

1Mby1M Virtual Accelerator Investor Forum: With Seong Kim, Corporate Strategy & Development at Chegg Inc. (Part 5)

Sramana Mitra: In smaller acquisitions, what role does valuation play?

Seong Kim: It really depends on why you’re acquiring the business and what you’re ascribing the value of the business to. The role of valuation is always prevalent and important. The needle gets moved by the conviction that an acquirer is able to build around what it’s acquiring and the future state of that team as well. When you’re talking about smaller check sizes, the acquirer tends to focus on the simplest forms of consideration. It can be just cash along with some equity incentive.

Featured Videos

Indian Unicorns 2022: Zetwerk Brings eCommerce to Manufacturers

India’s manufacturing segment accounted for 17% of its GDP last year. While it is a big market, it still remains a highly untapped and fragmented one. India’s Unicorn entrant Zetwerk is leading the process of bringing eCommerce to this sector, and it appears to be successful.

Roundtable Recap: January 20 – Discussion on Funding Bootstrapping with Services Ventures with BV Jagdeesh

During this week’s roundtable, we had as our guest BV Jagadeesh, Managing Partner at KAAJ Ventures, and a super accomplished serial entrepreneur.

Dataplant

Nilay Khadepau from Mumbai, India, pitched Dataplant a company focused on giving consumers better control over their data.

You can listen to the recording of this roundtable here.

>>>

Video FAQs

560th Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M

Today’s 560th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, January 20, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup  All are welcome!

560th Roundtable For Entrepreneurs Starting In 20 Minutes: Live Tweeting By @1Mby1M

Today’s 560th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, January 20, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup  All are welcome!

1Mby1M Virtual Accelerator Investor Forum: With Seong Kim, Corporate Strategy & Development at Chegg Inc. (Part 4)

Sramana Mitra: What have you disclosed on the valuation on this most recent acquisition? In general, how do you think about valuation? How does valuation play into your acquisition decision?

Seong Kim: The valuation of this deal was approximately $436 million. This is based in London and Madrid. It’s definitely a key factor that impacts whether or not a deal is done, but it shouldn’t be the most important. Valuation is a dependent variable that is influenced by a multitude of factors, some of which, founders can influence and others, they can’t.

Indian Unicorns 2022: Eruditus Targets the K-12 Market

The global e-learning market is expected to grow at 21% CAGR to reach $1 trillion by 2027. India’s Unicorn entrant, Eruditus, is aspiring to become one of the leading players in the market.

1Mby1M Virtual Accelerator Investor Forum: With Seksom Suriyapa, Partner at Upfront Ventures (Part 4)

Sramana Mitra: I’m going to double-click down on your second category. You have product-market fit. The options are, do we sell the company now or do we go for another round of funding. If we choose to go for another round of funding, we will get funded because we have product-market fit. In that scenario, how does valuation compare in an exit versus a funding valuation?

Seksom Suriyapa: This is where things get tricky. Because of the way the venture market is today, which is frothier than where an acquirer is willing to pay, the sticker price on getting venture money will look very attractive from a valuation point of view. The tension is two-fold. One is when you raise money at a relatively high valuation because that’s where the venture is pricing you, you’re also building an execution that could potentially be heroic. You have to grow into these valuations through executions.