OrCam Technologies—OrCam founders dispute with institutional investors over SAFE round valuation
Dispute arose between OrCam's controlling shareholders Amnon Shashua and Ziv Aviram and institutional investors (Clal, Harel, Leumi, and Meitav) over the conversion mechanism of a SAFE financing round. Founders, who had injected around $9 million, sought to convert their investment into shares at a valuation of $30-40 million, contrasting sharply with the several hundred million dollar valuations at which institutional investors had previously invested. This dispute highlighted the company's dramatic fall from unicorn status ($1B valuation in 2018) to near-worthless valuation.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Corporate Governance | -against | primary | -1.00 |
| Overall incident score = | -0.858 | ||
Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.57)
Evidence (1 signal)
OrCam founders and institutional investors dispute SAFE round valuation
CTech reported that a dispute arose between OrCam's controlling shareholders Amnon Shashua and Ziv Aviram and institutional investors (Clal, Harel, Leumi, and Meitav) over a SAFE financing round conversion mechanism. The founders, who injected around $9 million, seek to convert at a valuation of $30-40 million, while institutional investors had previously invested at valuations of several hundred million dollars, highlighting OrCam's dramatic fall from its 2018 unicorn status.