Very nice terms, says Bijan Sabet of Boxee round
- 00:00:54
- Deal Video
Very nice terms, says Bijan Sabet of Boxee round
Spark Capital's Bijan Sabet points out that good startups are still able to get deals done, despite the tough economy. He tells The Deal that Union Square Ventures' Fred Wilson and he, co-investors in Boxee, were very pleased with the $6 million Series B that the media center software developer raised in August, led by new investor General Catalyst Partners. The deal involved "very nice terms for everyone involved," said Sabet. We caught up with him at Shake Shack II, a party where 300 of New York's most savvy entrepreneurs and investors shared free beer and burgers. At the party, Boxee was one of the companies named by attendees as most likely to be the next Twitter. Watch the video below or download it on iTunes. -- Mary Kathleen Flynn
Deal Video | October 7, 2009
