A few weeks ago, we looked at founder control in active early-stage equity companies. In the early stage, it was evident and expected that the majority of founders owned more than half of the company (82% to be exact). But what happens when we break down the same metrics for the growth-stage active equity raises? |
These companies have one (or more) of the following parameters: $1 million or more in annual revenue, a valuation at or above $50 million, and $5 million or more in prior equity raised. Many of these companies have accepted venture capital funding or are further on in development compared to the early-stage batch that we evaluated. When it came to founder ownership or voting power, we saw a few key takeaways among the 130 active growth-stage raises: |
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