"So, the real answer is you want to avoid conversations about valuation. You want to say, "We're going to let the market decide the valuation in this round." Then you want to construct a round in which multiple VCs are giving you term sheets, and you essentially let them know what the highest bidder is and if they're willing to match or beat it. " -- Michael Staton
Funding 101
Michael Staton is an educator turned Internet entrepreneur. As founder of Inigral, he has led Inigral through three rounds of investment and brought on twenty early partner institutions. He has been a panelist for the ASU Innovation in Education Summit and Internet Week. He helps education entrepreneurs get off the ground the best he can. He has an MA from Clark University in International Development.
Prior to starting Inigral, he was an innovative educator and curriculum designer. He’s out to help create opportunities for people, one step at a time.
