The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: From Construction Worker to Billionaire CEO; The 21-Year Epic Journey of Procore to an $8.6BN Company, Advice from Tobi at Shopify on Being a Great CEO & Why The Idea of "Becoming an Entrepreneur" is BS with Tooey Courtemanche

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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Raising 30 Million for Pro-Core and the Bessemer Investment Thesis

Pro-Core raised $30 million in their first investment round, but the founders can't remember the exact price. Bessemer had predicted Pro-Core would be worth $300 million, which now seems conservative. They had a co-lead on the investment who later became the CFO. The founders were shocked to learn what the partners had said about Pro-Core. Another entrepreneur, Jeff Lawson, got a $200 million premium compared to Pro-Core.

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