Mariano Suarez-Battan
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then it was appreciated over in time.
I think it was $600,000, $700,000, something like that.
Yeah, everybody was happy.
Angel investors got around 10x.
I mean, yeah.
Awesome.
So IDEO, we decided to go in 2014.
We didn't join IDEO.
We are a startup in residence in IDEO.
Oh, got it.
We founded the company, and then we realized that... So a few teams at IDEO were using it with Steelcase, actually.
And they were discussing this program and also like trying to bring in collaborative fund as a funder for the program.
So we knew people there and we happen to be great because we are part of that vision that they have of like,
in making everybody a designer and then deploying design thinking across the world and again we are a very good platform for anywhere across the world to practice design thinking so so our missions are pretty well aligned and so what was what was the financial aspect of that so did did they get did does ideo get a portion of mural like five percent is it like an incubator
It is like an incubator.
Our deal was a little less than that because we were already a bigger company and we were already funded and so on.
I think it was like close to a million bucks by that time.
So IDEO, so again, collaborative fund put in some money, right?
And then IDEO put some...
in kind, again, time in the office, time with people, connections with large firms.