If so, ensuring your cap table and data room are pristine could be the difference between a smooth, swift raise and a drawn-out, costly process.
At TechCrunch Early Stage 2024, join Fidelity Private Shares’ session, “Preparing to Raise: Cap Table Best Practices to Help You Close Fast” to gain invaluable insights from industry experts.
Whether you’re a first-time founder or a seasoned entrepreneur, mastering cap table management is essential for a successful fundraising journey.
Meet the speakersKristen Craft, vice president and business partner manager at Fidelity Private Shares, brings a wealth of experience from both sides of the startup equation.
At Fidelity, she spearheads initiatives to support founders and investors with equity management tools, fundraising strategy, and go-to-market best practices.
At Early Stage in Boston, Massachusetts, on April 25, 2024, TechCrunch will gather some of the startup world’s leading companies — but our partners provide more than just financial support.
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More passionate partners at TechCrunch Early Stage 2024Head to the Expo floor and get your meet-and-greet on with these four partners.
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Thank you to all our sponsors for their support of Early Stage and the startup community.
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion, adjusted for outstanding shares.
Fidelity had marked down the valuation of Meesho to $4.1 billion at the end of October.
That sale valued Meesho at $3.5 billion, a factor that may have contributed to Fidelity’s assessment.
In a statement to TechCrunch, a Meesho spokesperson said: “Funds attribute value to their portfolio investments, considering various factors such as the valuation of comparable companies.
Based on Fidelity filings, the number of shares held and the current number of total outstanding fully diluted shares, the valuation is assessed at $3.5 billion.
Real estate services giant Fidelity National Financial has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week.
FNF spokesperson Lisa Foxworthy-Parker did not respond to TechCrunch’s email requesting further details.
FNF said it “contained” the cyberattack on November 26 following a week-long outage that virtually froze all of the company and much of its subsidiaries’ operations.
One of FNF’s subsidiaries described the incident as a “catastrophe” in an automated message for customers.
FNF was one of several corporate victims of cyberattacks in recent weeks targeting the mortgage and loan industry, including LoanDepot and Mr. Cooper.
Fidelity, a leading investment firm, today unveiled their acquisition of Shoobx – a venture-backed fintech startup – for an undisclosed amount. In 2013, Jason Furtado and Stephan Richter founded Boston-based…
