Lenses.io Series A

We are excited that 83 North has led a Series A financing for Lenses.io, formerly knows as Landoop. It is a recognition of the tremendous progress the company has made in serving global corporations in their journey to adopt DataOps practices. Businesses building modern data architectures face challenges in acquiring the skills to deploy and operate data-driven applications while applying the necessary governance and security. Lenses.io powers a new data consumption, processing and sharing model, enabling every data persona to contribute as organisations become data-driven via DataOps.

Continue reading Lenses.io Series A

A Plain Cap Table Template

There is a ton of cap table templates out there, as well as various sophisticated solutions for cap table management. Still, chances are you have wasted an unreasonable amount of time putting together some financing scenarios for your company, or, even worse, you ended up with errors along the way.

Here is a Plain Cap Table Template to help you get the job done right and fast. All it does is the following: it takes a few inputs and shows you how your cap table will look like after your next fundraising round.

More specifically, you need to enter the number of shares each founder and investor (if any) currently holds, as well as the total figure of allocated and unallocated options (the number of options you have already granted or promised to employees, versus those that you have not).

With regards to the new round, fill up amounts to be contributed by each investor, percentage of unallocated option pool to remain available after the round, as well as the fully-diluted pre-money valuation. And that’s about it.

The spreadsheet will calculate your cap table after the round, so you can play around with the numbers and see what works for you best. To keep things simple, we have made a number of assumptions; for example, the company has no outstanding convertible loans, and the new round will also be an equity one.

The template does not constitute legal advice by any means. It’s not rocket science either (rather a 2×2 linear system…). Still, it may come handy when time is due – feel free to hit File > Make a copy, and put it at work. Plus, best of luck with your round!

Upskilling the world with LearnWorlds

Learning is at the core of what makes us human and allows us to build our civilization. Over the last few years and thanks to the Internet, we are living in a renaissance of learning, where everyone is liberated from the limitations of location. One can access the vast amount of knowledge that is available online, and the only limitation is their willingness and time to devote to learning. This fundamental shift has also created a huge opportunity for educators around the world, who want to capitalize on their skills and knowledge by attracting students from all over the world.

Continue reading Upskilling the world with LearnWorlds

Chicago Greeks in Tech

We are visiting Chicago in our quest to meet with Greek founders and technologists in major hubs across the US. Beers are on us!

Saturday, June 8th at 17:00, till 20.00

Public House, 400 N State St, Chicago, IL 60654

We believe in bringing together relevant people who are doing great things. Plus, we like to have drinks with friends, old and new.

Please RSVP here, so we have a sense of how many to expect.

If you’re Greek, living in Chicago and working in tech, spread the word and see you there!