Here's how Airtable raised $160 million last year — and got a valuation of around $1 billion — without a pitch deck

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

CEO Howie Long and his team didn't have to put together a Power Point presentation to close Airtable's Series B and C funding rounds.

Airtable

Investors were reaching out to Airtable, so it didn't need to put together a presentation to solicit funding, Liu said. It turns out that when you have a hot startup, you don't need a pitch deck — investors will give you ample funding without one. "The bizarre truth is that we didn't actually use a formal pitch deck for either of [the two] rounds," said Liu, Airtable's CEO, in an email to Business Insider.Here's how to use Airtable, the user-friendly spreadsheet app that's taking Silicon Valley by storm

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Prime story?! 🖕🖕

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Sweetgreen became the Starbucks of salads with a valuation over $1 billionStarted by three college friends out of their dorm room at Georgetown University, Sweetgreen is now the restaurant world's first 'unicorn,' valued at over $ 1 billion. The salad company has 91 locations with more in the works and is vying to become the digital food platform of the future.
Source: CNBC - 🏆 12. / 72 Read more »

Check out all the tech startups that have already snagged $1 billion valuations in 2019Last year was a record-setting year for unicorns, with almost 100 companies achieving the $1 billion milestone, and things are not slowing down in 2019. Eclesiastes 11.4. março 10, 2016. 'Quem observa o vento nunca semeará, e o que olha para as nuvens nunca segará.' Eclesiastes 11.4. O poder de agir.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's the pitch deck this 29-year-old Russian-born VC used to convince investors to contribute millions to her fundDay One now has over 15 investors, or limited partners (LPs), and that the average amount each contributes is between $1 million and $5 million. You don't need a pitch when you ran Putin's version of 'Hitler Youth' and you're funded by Russian Oligarchs. When she's inevitably indicted by the F.B.I. as a spy, questions will be raised about why Business Insider has so breathlessly promoted her.
Source: BusinessInsider - 🏆 729. / 51 Read more »

2019 March Madness Bracket Contest Prize: $1 Million A Year For Life From Warren BuffettFamed investor Warren Buffett is offering his nearly 400,000 employees at Berkshire Hathaway companies a chance to win $1 million a year for life. The catch: You need to pick the correct Sweet 16 in the men’s NCAA basketball tournament. Back in my corporate life, the guy who organized the March Madness pool had too much time on his hands, and was likely to get the axe in a round of layoffs. Dear me, wish I worked for Berkshire..!!! 😉 Say no more
Source: Forbes - 🏆 394. / 53 Read more »

Wells Fargo CEO gets raise to $18.4 million the day after being scolded by CongressLawmakers scolded Wells Fargo Chief Executive Tim Sloan for hours Tuesday, telling him the bank had not done enough to rehabilitate itself after years of scandals about its allegedly abusive practices toward customers. The next day, he got a 5% raise Good. Government has no right. WTF! Do you not get it ? We don't give a rats a$$ about law makers anymore. They're a bunch of dysfunctional lazy white males. What the F has schiffforbrains done? Right SchiffForBrains ? You're lazy schiffforbrains! AdamSchiff
Source: latimes - 🏆 11. / 82 Read more »

Wells Fargo CEO gets raise to $18.4 million the day after being scolded by CongressSloan’s pay is now 283 times more than the median pay of the bank’s more than 200,000 employees. Fraud, after cutting thousands of jobs Yeap, seems about right
Source: washingtonpost - 🏆 95. / 72 Read more »

Wallaby-sized dinosaur was sprinting around Australia 125 million years ago, jaw fossil report suggestsDinosaurs the size of wallabies were running around Australia 125 million years ago, according to an analysis of jaw fossils.
Source: USATODAY - 🏆 100. / 63 Read more »

Qatar's trade surplus hit $52 billion last year, minister saysThe small gas-rich monarchy has expanded its trade relations after the 2017 blockade levied by its neighbors cut access to an estimated 60 percent of the goods it imported.
Source: CNBC - 🏆 12. / 72 Read more »

SoftBank, others in talks to invest $1 billion in Uber's self-driving unit: WSJA consortium that includes SoftBank Group Corp is in late-stage talks to invest ...
Source: Reuters - 🏆 2. / 97 Read more »