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Monday, October 12, 2026

Author

Ray Kowalski

Ray Kowalski covers Funding, Smarthome and Reviews.

Articles by Ray Kowalski

Close-up of valuation report tables and a calculator on a desk

409A Valuations: How Startups Price Their Own Shares

Ray Kowalski

Infographic of Databricks' valuation steps from 2019 to 2025

Databricks Raises $2 Billion at $204 Billion: The Mathematics of Patience

Ray Kowalski

Startup founders signing financing documents with an attorney present

SAFE Notes vs Priced Rounds: Mechanics, Cost, and Control

Ray Kowalski

Close-up of sticky notes and a metrics printout on a fundraising war-room wall

How to Run a Series A Process: Timeline, Materials, Metrics

Ray Kowalski

Startup team reviewing payout schedules at a conference table

Liquidation Preferences: The Term That Decides Who Gets Paid First

Ray Kowalski