Equity

Why calendar invites are worth $3B

Jan 28, 2021
Dive into the success story of Calendly, a scheduling tool that soared to a $3 billion valuation. Discover the latest in IPOs with Qualtrics and the evolving landscape of venture capital. Hear about Rhino's unique insurtech model, challenging traditional security deposits, while Fast raises $102 million to revolutionize online checkouts. The podcast also tackles the booming food delivery sector, including tech-driven innovations and sustainability issues, alongside an interesting look at ClassDojo's shift to a monetization strategy.
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INSIGHT

Public vs. Private Market Valuations

  • The public market values startups more highly than late-stage private venture capital.
  • This discrepancy raises questions about acquisition valuations and why companies get acquired instead of waiting for public market valuations.
ANECDOTE

Calendly's Success Story

  • Calendly, a scheduling tool, achieved a $3 billion valuation, becoming one of Atlanta's most valuable startups.
  • Its founder, Topwe Awatona, bootstrapped the company to profitability with 10 million monthly users.
ADVICE

Early-Stage Investing

  • Secure early-stage investments in promising startups to gain access to later-stage deals.
  • OpenView's early investment in Calendly allowed them to lead the $350 million round at a $3 billion valuation.
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