Founders have no extra managerial rights, only greater corporate obligations
Felix Van de Maele · 683: These 4 pHD's Choose Entrepreneurship, Raise $75M for Data Indexing Tool Collibra with CEO Felix Van De Maele · Jun 7, 2017 · at 9:17
Felix Van de Maele, co-founder and CEO of Collibra, outlines his philosophy on separating shareholder rights from operational management decisions in multi-founder startups.
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“As a shareholder, as a founder, I don't have any additional rights as a manager. I only have more obligations, if you will, because I'm a founder.”
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More from Felix Van de Maele
Collibra maintains an annual customer churn rate of 3% to 4%
“Yearly customer churn is really low. It's about three to four percent.”
Collibra was profitable and tripling annual revenue before raising Series B
“But then we started to bootstrap it until profitability. We were profitable tripling every year. And that's when we were, we raised our first bigger rounds, our series B rounds. About twenty million.”
Collibra raised a $50M Series C to reach $75M total funding
“In December, just last December, we did a fifty million dollar rounds series year round. All in we did about seven, seven seventy-five million.”
Van de Maele: Collibra aims to enable 'Amazonification of data' for enterprises
“What we want to get is to get to is that we call it the Amazonification of data, where ultimately users just shop for data like they are on Amazon. They put it in their data basket, so to speak, and then it goes to approval work workflows to actually get acces…”