Raising Your First Round of Capital
Matt Maloney, Co-founder and CEO, Grubhub.com
Raising capital by selling an equity stake in your venture is a long and complicated process. New entrepreneurs find the world of equity investing rightly intimidating but it doesn't have to be scary. Based on his experiences raising money for GrubHub.com, CEO & Co-Founder Matt Maloney will outline the process of raising outside capital and the pitfalls to avoid your first time around. "A good investment is a win-win for both the founder and investor. One of the problems achieving this outcome for an inexperienced entrepreneur is not knowing the process and what to expect." From initial contact strategies to closing the deal, Matt will walk you through a typical round and how you can be sure the investment is a good fit for the company.
Matt Maloney is a co-founder and CEO of GrubHub.com, the leading online restaurant delivery guide. GrubHub.com makes delivery better by showing you every restaurant that delivers to you, taking online orders, and making sure that your order arrives hot and as fast as possible. Prior to founding GrubHub.com, Maloney worked at Classified Ventures, an online classified and lead-generation company that owns Cars.com, Apartments.com, and HomeScape.com. His positions included team lead for the HomeScape.com launch and manager of software development at Apartments.com. He serves on the alumni board for the computer science department at the University of Chicago and holds the position of Entrepreneur in Residence at the Illinois Institute of Technology. Maloney holds a bachelor's degree in physiology from Michigan State University, a master's degree in computer science from the University of Chicago, and has two courses left in his MBA studies at the University of Chicago.