Friends & Family Capital

A big thank you to Marina Temkin, CFA at TechCrunch for skillfully capturing the heart of Friends & Family Capital. With her extensive experience in financial analysis and journalism, Marina's article underscores our commitment to assisting founders and CFOs in enhancing their finance functions and refining their fundraising strategies. We invite you to read more about our approach and the close of our oversubscribed $118M third fund here: https://lnkd.in/em9Dd_Ng

?????????????????????? ?????? ???????? ?????????????? ???? ?????? ?????????????? ?????????????? ????????????????. Key Playbook actions on the path from $100 Million to $1 Billion in revenue include: -????????? ???????????? ????????????: Grow revenue 65%+ to start and keep it above 35% -????????????????????????? ??????????????: Invest 2x on S&M as compared to R&D -??????????????????????? ????????????????????:?Target “Rule of 50” for revenue growth plus FCF margin Learn about these and other Playbook insights in the complete 2024 Edition of the Revenue Unicorn Playbook included below. ?????????? ?????? ?????????????? ?????????????? ???????????????? The Revenue Unicorn Playbook is an analytical guide that explores the growth of public software companies from $100 Million to $1 Billion in revenue. The goal of the Playbook is to offer founders and company leaders a framework to examine their growth and investments as they scale.

?????? ?????????? ???? ??????????: Astranis Space Technologies announces a DoD contract to design next-generation Resilient GPS satellites.? ? ?????? ???? ??????????????:?GPS outages cost ~$1 Billion per day to the US economy — disrupting everything from stock markets to agriculture. ? The Resilient GPS program is a $1.9 Billion program to build 24+ small satellites that will boost GPS resilience and secure key capabilities. ? The program is moving fast using the DoD’s “quick start” authority.?Within six months, Astranis has already been awarded a contract for the initial design phase. ? Space infrastructure matters.?Read more in CNBC’s coverage of the announcement here:?https://lnkd.in/gprGSC6c ?

Siemens Announces Acquisition of Altair for $10.6B. Public market acquisitions can influence valuation multiples for high-growth technology companies in the private markets. An update on recent acquisitions and multiples for our friends building technology companies can be found below.

Inc. Magazine names Friends & Family Capital to its 2024 Founder-Friendly Investors list. ? Their rigorous selection process includes direct feedback from portfolio company Founders -- and that matters to us. ? We create lasting value as the trusted partner for Founders and CFOs as they scale their finance function. ? As experienced operators, we help Founders build teams, scale operations, and raise capital. ? Let’s build the future, together. https://lnkd.in/e5SNdkd9

Silver Lake and GIC Announce Acquisition of Zuora for $1.7B. Public market acquisitions can influence valuation multiples for high-growth technology companies in the private markets. An update on recent acquisitions and multiples for our friends building technology companies can be found below.

Key Takeaways from the Q3 2024 Market Conditions Update: ·?Uplift in deal activity with a long tail of investors ·?Longer time between rounds with a median of two years ·?Over a third of new rounds are flat or down rounds ·?Backlog of almost 400 companies may need capital ·?Investor demand for strong core business models The Friends & Family Capital Market Conditions Update features metrics that we track internally on companies raising capital at valuations ranging from $1 Billion to $10 Billion. This is one of the assets we review with founders, CEOs, and CFOs in our network as they prepare for their growth rounds. The summary report is available for review below.

?????? ?????????? ???????? ???? ???????? ????????????????: Growth Will Soon Be Differentiated ? ???????? ???????????????? ?????? ???????????? ???????? ???????????? are still present across the enterprise software universe ? ?????? ?????????? ?????? ?????? ?????????????? are being tested and implemented by companies with some early success ? ?????????????? ?????? ???????????????????? ??????????-?????? continues to advance with more capex expected next year ? ???? ?????????????? ???? ?????? ??????-???????????????????????????? ?????????? is split amongst cases of value versus pre-monetization ? ????% ???? ?????????????????? both beat estimates and had analysts raise estimates on revenue and EPS

Join us on the evening of September 12th?for an exclusive happy hour event in Menlo Park, curated specifically for strategic finance leaders at inflection stage companies. ? Enjoy an evening of learning and networking with peers. Past attendees include top tech companies from our portfolio and beyond including: Airtable, Astranis, Dropbox, Gusto, Mosaic, Palantir, Square, Toast, and more. ? How did they raise that last round??Who offered the best terms??Ideas for how to structure your team’s option refresh??Join us for topics like this and more. ? RSVP soon by sending a note to the email address in the image below?– we have a hard cap on spaces. Location provided upon RSVP.

Forbes recognizes Peregrine’s mission and impact by including the company on its Next Billion-Dollar Startups list.? ? This in-depth profile by Thomas Brewster thoroughly showcases how Peregrine protects privacy and civil liberties while addressing critical needs in public safety. ? Congratulations to Nick Noone and the whole Peregrine team!