Software editor, software and tools for conversion of Native and Neutral formats. Download your converter or translator for CATIA, THINK, UNIGRAPHICS,. Think3 Launches $1B Private Equity Fund for SaaS Founders to Exit Current Company and Begin Next. Computer Software. Think3 Software'We developed this fund to enable founders to take more shots on goal,' said Andy Tryba, founder and CEO of Think3. 'Founders should think of 'time' as their portfolio — making the call earlier if their current company is growing fast enough for exit velocity. Too many founders hang on too long hoping for a growth miracle — killing their career.' With a 30% decline in U.S. Startup exits over the last four years, companies are staying private longer. This is fundamentally bad for entrepreneurs as it reduces the number of companies they can start in their entrepreneurial lifespan. On average, most founders only have a 15-year lifespan available during their careers as a startup entrepreneur. If they launch a company and hang on for seven to eight years, for example, they have two shots to achieve their unicorn. If instead founders transition every three years, they have five shots. People undervalue their time, but it's the most valuable asset they have. 'We've learned that what founders really want is another shot at building a great company — but they don't want to let their current teams, investors or customers down. We are the only fund designed to encourage founders and their teams to go start their next company,' said Tryba. Think3, part of the ESW Capital family, has developed a unique process to enable the founder and their team to transition out in 100 days while ensuring that the business and success of its customers continues. Download Think3 SoftwareThis process has been effectively applied across 50 companies over the last decade. • Research laboratories not recognized by the U.S. Department of Education or the Canadian/Provincial Ministries of Education; for example, institutions recognized by the U.S. Department of Defense, the U.S. Department of Energy, or the National Research Council Canada. In addition, laboratories in the U.S. Defined as Federally Funded Research and Development Centers (FFRDCs) and University Affiliated Research Centers (UARCs) are not eligible. Examples include: Los Alamos National Laboratory, Sandia National Laboratory, and Lawrence Livermore National Laboratory. • Other appropriate identification as permitted by Adobe from time to time by posting a list of such identification on its website * Accredited schools are those that are approved by an association recognized by the U.S. Department of Education/State Board of Education or the Canadian/Provincial Ministries of Education and that teach students as their primary focus. In the U.S., such associations include: Middle States Association of Colleges and Schools, North Central Association of Colleges and Schools, Western Association of Schools and Colleges, Southern Association of Colleges and Schools, New England Association of Schools and Colleges, Northwest Association of Accredited Schools. To qualify for a student discount, you must be at least 13 years of age and enrolled in one of the following: • University or college — accredited public or private university or college (including community, junior, or vocational college) that grants degrees requiring not less than the equivalent of two years of full-time study* • Primary or secondary school — accredited public or private primary or secondary school providing full-time instruction* • Homeschool — defined by state homeschooling regulations What is proof of eligibility?
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