Venture Capital
Fundraising
Highspot Investors
Initial Public Offering
IPO Readiness
100

Name at least one principal of Highspot’s fundraising philosophy

  • Generate Liquidity
  • Preserve Shareholder Value
  • Partner with Smart Investors
100

Name at least 2 stages of the fundraising cycle

  • Stay in touch
  • Test the waters
  • Initial Pitch
  • Partner Meeting
  • Term Sheet
  • Diligence Drafting
  • Sign and Close
  • Announce
100

What are two companies Madrona has financed?

  • Amazon
  • Apptio
  • Impinj
  • Payscale
  • Redfin
  • Rover
  • Smartsheet
  • Snowflake
  • UI Path
100

What is the 1st step in a typical IPO process?

Select an underwriter.

100

What stock exchange did Apptio list on?

NASDAQ

200

What is the typical “carry” a VC firm receives on a fund’s profits?

20%

200

What are the two bay-area regions

  • SF (South Park)
  • Palo Alto (Sand Hill Road)
200

What are two companies ICONIQ has financed?

  • Blackline
  • Coupa
  • DocuSign
  • Fastly
  • Flipkart
  • Honest Company
  • Procore
  • Snowflake
200

What is the name of the registration statement initially filed with the SEC?

S-1

200

What should you NOT do during the quiet period?

a. Be silent

b. Tweet about the IPO

c. Tell all your friends

d. both b and c


d. both b and c

300

What is the standard term (in years) of a VC fund?

10 years

300

What is the last stage of the Financing cycle?

Announce

300

What firm led Highspot’s Series B?

  • Shasta Ventures
300

What is a Unicorn company?

Company's valued over $1 billion

300

How early should a company begin planning for an IPO?

1-2 years

400

What is a typical multiple LP's expect from a VC firm?

3x

400

What are two KPI’s investors look at?

  • Churn rate
  • Average deal size
  • Cost per seat
  • Average contract length
400

How many funding rounds did Salesforce participate in?

  • 3 (Series B, C, D)
400

What is it called when the issuer (the company) goes on a trip to promote the IPO to brokers and institutional investors?

Roadshow

400
Which option below is NOT one of the 3 primary buckets of work required in IPO Readiness?


a. People

b. Company social event planning

c. Operations and Financial Reporting

d. Material Preparation & Communication

b. Company social event planning

500

Which of these categories has not invested in Highspot?

  • Angel Investor
  • Private Equity
  • Strategic Investor
  • Venture Capitalist
  • Angel Investor
  • Private Equity
  • Strategic Investor
  • Venture Capitalist
500

How much money has Highspot raised to date?

  • $95M
  • $102M
  • $120M
  • $124M
500

How long does a lockup period typically last?

180 days.