Chili Piper closed a $27M secondary share sale at a $625M valuation
Nicolas Vandenberghe · $20m Payday and he still controls ChiliPiper with his Wife Alina · May 4, 2022 · at 30:24
Nicolas Vandenberghe, co-founder and CEO of Chili Piper, details negotiating secondary liquidity for early investors and founders at a peak market multiple in late 2021.
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“Yeah, so we did six 25, which was the highest of the market. We, that was in the end, well, at five hundred million with ten million worth of sale, at six 25 with twenty-seven million, so twenty-seven million secondary, and that's what happened.”
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