Primary market issues new securities for companies and governments. Secondary market trades existing securities between investors. Secondary market includes organized exchanges and over-the-counter trading
Successful pitch decks must demonstrate market gap, unique solution, and capable team. 99% of startup decks fail to secure funding. Investors look for exceptional team, product, and traction
Stytch raised $90M in Series B, focusing on passwordless authentication. Nylas secured $120M in Series C, helping developers automate software. Front secured $59M in Series C, serving over 7,000 organizations. Softr raised $13.5M in Series A, enabling non-coders to create apps. Catch secured $12M in Series A, offering personal payroll solutions
A pitch deck should cover mission, problem, market size, product, traction, and team. Each topic should be explained on a single slide. Aim for 10 slides rather than 40. Include data and proof of product viability
Shows how easily a company can pay interest on outstanding debt. Calculated by dividing EBIT by interest expense during a period. Also known as times interest earned (TIE) ratio
Silicon Valley is a region in south San Francisco Bay Area. Named after silicon transistor used in modern microprocessors. Covers 1,854 square miles with about three million people. Includes major cities like San Jose, Santa Clara, and Mountain View