Tysons Corner-based Cvent , which creates event management software, last week filed papers with the Securities and Exchange Commission in preparation for an initial public offering for up to $100 million.
The documents include compensation for the management team, including president and founder Reggie K. Aggarwal , who was paid $463,000 in salary and bonuses in 2012.
Executive Vice President for Sales and Marketing Charles V. Ghoorah earned $418,000, including $149,000 in incentive plan compensation. Chief Technology Officer David Quattrone earned $332,000, according to the SEC documents.
Then there’s the company stock.
According to the SEC filing, Aggarwal owns 20.9 million shares, or 16 percent, of Cvent, which he founded. Ghoorah has 5.8 million shares, or 4 percent; Quattrone has 4.2 million, or 3 percent; Sanju Bansal, a co-founder of MicroStrategy and one of Aggarwal’s early investors, owns 13.3 million, or 10 percent; Tony Florence of New Enterprise Associates has 29.2 million, or 22 percent; and Jeffrey Lieberman of Insight Venture Management, has the largest chunk at 34.8 million, or 26 percent.
Bethesda-based NEA and New York-based Insight Venture Management are venture capital firms.
Although the company plans to go public, some major players have already reaped a windfall. According to the filing, in July 2011 Cvent repurchased shares of common stock from the following people at a purchase price of $1.95 a share:
10,898,435 shares from Aggarwal for gross proceeds of $21.3 million.
2,873,493 shares from Ghoorah for $5.6 million.
2,104,470 shares from Quattrone for $4.1 million.
2,104,071 shares from then-Chief Financial Officer Thomas Kramer for $4.1 million.
1,893,700 shares from Dwayne J. Sye, chief information officer, for $3.7 million.
2,803,320 shares from Bansal for $5.5 million.
Marykate Kelly’s job is to find jobs for other people.
Specifically, she is trying to help the students at Catholic University’s School of Business and Economics find employment.
Kelly, 23, is the primary resource for the school’s Master of Science in business analysis students seeking internships during the school year and jobs after graduation. She started her new job this month, which means she will coach them on how to write a resume, how to interview and the basics of building a network.
What is the most important thing a business graduate needs when job hunting?
The first thing is the information on where to begin. When I was a student, knowing where to start or whom to talk to was the main step. How to search, who do you contact and how do you get your foot in the door. It’s all about networking.
How do you network?
Start with your personal contacts. They care about you the most. Utilize the alumni connections as well. Don’t be afraid to speak up, ask questions and ask what you want. People can’t help you if they don’t know what you are looking for.
What’s the job market like in Washington?
It’s getting better. Last year and the year before, it was more of a slump. I was at Aerotek, a staffing agency, helping people find jobs. We were a corporate-based company.
The Department of Defense and government agencies are slow because they are going through a lot of budget cuts and they don’t have the means to bring people on permanently. Health care is huge. Finance is one of the top skills. People with finance degrees get higher-paying jobs and get jobs quickly.
Did you get a job out of college?
I did. I got a job at (Hanover-based) Aerotek. It didn’t have anything to do with my degree.
Chris Schroeder ’s new book, “Startup Rising — The Entrepreneurial Revolution Remaking the Middle East,” will be released Aug. 13. Schroeder is donating the proceeds from the book, with a forward by Netscape founder and investor Marc Andreessen, “to an outstanding social entrepreneurial effort in the region,” he said. Schroeder is a former Washington Post Co. business executive, was chief executive of HealthCentral and has invested in a series of local start-ups.
Shane Green , founder of Georgetown-based Personal , which has many Washington investors including Steve Case, has been named vice chairman of the World Economic Forum’s Global Agenda Council on Data. Personal is a secure personal information management and form-filling service for people and companies. The group was most recently chaired by the chief privacy officer of AT&T. Other members of the council include top officials of Fortune 500 companies and global nonprofits, all of whom have a strong interest and businesses centered around data and privacy.
Vienna.-based Purple Onion Catering Co. has been named a catering vendor at Arena Stage’s Mead Center for American Theater along the District’s Southwest Waterfront. The venue is currently booking for weddings, private parties and corporate events. Purple Onion is owned by Margot Jones, who started the company in 1990.
That’s the number of techies who participated in Ballston-based Applied Predictive Technologies ’ hackathon that ran from last Thursday, all night, through Friday. The hackers, whose individual average salary is over $100,000, were fueled by Naked Pizza, beer, Red Bull, Mountain Dew, a French toast breakfast with real maple syrup, and a Mediterranean food truck that fed the geeky masses lunch. APT last week got a $100 million investment from a venture arm of Goldman Sachs , which is one of the biggest for a Washington start-up in recent memory.