Table sharing startup TABLER goes live with a pre-money valuation at $3.6 million
Right now Tabler is taking over Tulum, Mexico and collaborating with world-known DJs like DIPLO, Ruckus, and Matroda. Instagram stars like Leanna Bartlett with 3,2M followers, Stephanie Valenzuela with (2,6M), Paula Manzanal (2M), Lucia Lachkovic Javorcekova (1,9M), Savannah Montano (1,9M), Camilla Akerberg (344k), and many others are celebrating and promoting the new innovative app TABLER.
If you have chosen to seek capital to fund your business, there are important choices to make regarding what type of investment structure suits your company’s needs.
As a simple guideline, most seed rounds under $1M are done on either convertible notes or convertible equity deals like safes. While it’s not entirely uncommon in Silicon Valley for rounds up to $3M or $4M to be made on convertible notes or safes, the greater a deal gets in volume after $1M, the more likely it is that the deal will be done on a priced round.
Tabler opened its seed round with a pre-money valuation at $3.6 million in October and the price round with a minimum ticket at $30.000.
Priced rounds are seen as advantageous opportunities to investors because they know exactly what the price of the equity they’re buying is at the time of the transaction.
When a company is a little more than two people with an idea and a revolutionary concept, it’s hard to tell whether that team of two will build a company with $1M in revenue in 24 months or go bankrupt. On the other hand, when a company has been operating for a few years, is generating revenue at a steady growth rate, and investors are able to compare their metrics to larger companies in the same market, it’s much easier to propose a price and value both sides can agree to.
From the end of December with a huge new years’ private event at the
5-star resort Bardo, Tabler is taking over Tulum, Mexico by storm and already managed to land collaborations with the so called King of the Miami Nightlife — @purplemiami, who works with stars like Chris Brown, J Balwin, Pharrell Williams and many other international stars. Tabler also started collabs with world-known DJ’s like DIPLO, Ruckus, and Matroda.
Instagram stars like Leanna Bartlett with 3,2M followers, Stephanie Valenzuela (2,6M), Paula Manzanal (2M), Lucia Lachkovic Javorcekova (1,9M), Savannah Montano (1,9M), Camilla Akerberg (344k), Yasmi Mendeguia (402k), Mia Amabile (240k), Serena Becker (229k), Eduardo Rodriguez (96,9k), Neno (187k), Michael Wilkins (77,3k), and many others were celebrating and promoting the new hyped app TABLER.
Tablers team counts after more than a year, 3 founders, CEO Deni Sebastian Eferl, COO Alan Amadej Eferl, and the companies CLO dr. Christian Stahl. The design and the visuals are made in-house, financials supervised by Harison Mehovic, and big game advisors like Michael Kunz, Trevor Kholi, Jure Pozun, Matej Pinter, and Niko Klansek are helping, supporting, and pushing Tabler as much as they can to reach its full potential.
Here’s what Tablers CEO Deni Sebastian Eferl says..
‘’You can’t realize your vision without the team, since ultimately it is your team that executes your vision by breaking it into short team goals and ensuring that the targets are met, thereby playing a crucial role in turning your vision into a reality.
How well and soon you are able to progress and achieve the milestones along the way is dependent on the quality of the team — their knowledge, skills, competence, attitude and aptitude.
Also, since most startups struggle with the challenge of limited resources and time, the team members should be open to multitasking and wearing multiple hats, as the situation demands, so you — the entrepreneur — can focus on the larger goal and steer the ship in the right direction.’’
TechStart Team
www.techstart.com
www.tablerapp.com
Instagram: @tabler
