Franz Andersen
person on 1 show · 7 statements across 1 episodes
On the record as a speaker too: Franz Andersen across every show, appearances and statements → this page counts the times other people say the name.
7 statements about Franz Andersen, every show
Franz Andersen regrets not raising a larger initial round for expert hires
“And I think to raise a bigger round in the beginning, building the dream team, Of everyone that you need to both build a product, but selling it and getting partnerships. That's where you need the real experience. So that's something that I would change.”
Indicio raised $400k total: half for operations, half for investor buyout
“So 200,000 plus the 200,000 for the first investor.”
Andersen: Indicio Valued at Over $2M in 2019 Funding Round
“Roughly around, or a little bit more than two million in valuation.”
Indicio bought out its hostile early angel investor at a 50% return
“So we bought him out and he was getting a good return. I think it was. 50% return or something like that.”
Indicio's early angel investor attempted a takeover to become CEO
“But he had his own plan upon becoming the CEO of the company and Trying to push us into, to take more of his money and.”
Indicio's first two founders split equity 50-50, granting third founder 10%
“We, the first two, we split it at fifty-fifty. And the third one was coming in on a 10%.”