Assertion Open AI assessment confidence: 60% certainty 4/5 debate potential 1/5

Hawk: iGo raised less than $10 million before its 1999 IPO

Kenny Hawk · EP 323: He took his company public for $1b · Jun 12, 2016 · at 3:17

Kenny Hawk, founder of iGo and CEO of Mojio, discusses the capital raised for iGo prior to its 1999 IPO.

0:00 / 0:02exact quote · 2.5s

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“We raised less than ten million before we went public.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

iGo raised less than $10 million in venture funding prior to going public in 1999.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

While the provided research notes confirm that iGo (formerly Battery Express / 1-800-Batteries) took early angel funding of roughly $250,000 to $2,000,000 and institutional venture backing from Wand Partners and Institutional Venture Partners (IVP VIII) before its October 1999 initial public offering, the notes do not provide the itemized or aggregate capital raised across these pre-IPO rounds. Without the specific financing figures from the historical Form S-1 registration statement or capitalization tables, it cannot be verified whether total pre-IPO venture funding was strictly under $10 million.

iGo Corporation (Battery Express, Inc.) completed its initial public offering on October 14, 1999 (SEC File No. 333-84723).
Sierra Angels provided early backing of approximately $250,000 to $2,000,000 prior to institutional venture rounds.
Schedule 13D and 13G filings confirm pre-IPO institutional investments by Wand Partners and Institutional Venture Partners (IVP VIII), but total dollar figures for these rounds are not documented in the notes.

Checked against

[1] emerald.com [2] lawinsider.com [3] fastcompany.com [4] forbes.com [5] sec.gov [6] sec.gov [7] scribd.com [8] tahoequarterly.com

"1-800-Batteries" "venture capital" OR "venture funding" OR "raised" OR "equity" OR "IVP" OR "Wand" "iGo Corp" "Robb Drive" "Reno" S-1 OR "S-1/A" OR "registration statement" "1073773" "iGo" "1999" OR "2000" "1-800-Batteries" "raised" "million" "Hawk" "iGo" "1-800-Batteries" "venture capital" OR "funding" OR "raised" "million" "Hawk" "0001073773" "S-1" OR "333-84723" "iGo Corp" S-1 1999 "Ken Hawk" OR "Kenneth" "iGo" "1-800-Batteries" "million" "Series" "venture" OR "angel" OR "funding" OR "raised" "Wand/Power Express" OR "Wand Partners" "1-800-Batteries" OR "iGo" site:sec.gov/Archives/edgar/data "iGo Corp" OR "449592104" OR "IGOC" "1073773" "Kenneth Hawk" OR "Ken Hawk" "iGo Corp" "pre-IPO" OR "venture funding" OR "venture capital" "million" "1999" OR "1998"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

⏳ prediction date: 1999-12-31; checked again automatically on the next resolution wave

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