Equity Financing - An Intermediate Milestone
Cameron PetersOur company, Trilogy Software (www.trilogysoftware.com) just closed our first round equity financing this week (read the news here and here).
We'd like to thank the team that helped us get here: Steve King for helping us formulate the business plan and go to market strategy. James Smith of Labarge Weinstein for providing sage legal advice. Albert Richot for keeping the books. Mitchell Stewart for building the pro-forma financials and a valuation model. And thanks to our investors for making Trilogy Software possible.
On Tuesday when the offering documents were signed the team gathered in our kitchen to share a bottle of prosecco that I'd brought in to celebrate the occasion. We chatted for a few moments about the fund-raising process and the ups and downs along the way. As we wrapped up I said "This is an intermediate milestone. The real achievement will be winning over customers. But be proud that our investors have shown confidence that we can build great products and a great company."
"That's cool", said one team member, heading back to his desk, "Let's prove them right."
Reader Comments (2)
Congratulations on hitting this major milestone Cameron. The software industry is definitely a far better place with you in it. Best wishes!
Chris.
Wow, it's nice to see old friends working together like in the good old days. Congratulations on all the great work so far and I’m looking forward to see how fast success will shine for you.
Richard