Taking home $12-14MM now is a no brainer! Say you raise $5M at a $14M valuation. The VC will want a 3x return ... so the next sale for you is around $60M. How

Taking home $12-14MM now is a no brainer! Say you raise $5M at a $14M valuation. The VC will want a 3x return ... so the next sale for you is around $60M. How quickly until you are at $60M. Having been in a similar situation in 2006 I am so glad I sold. With the GFC around the corner the next hurdle would have been very difficult to achieve! Another way to look at it -- until the $$ are in the bank, the $12-14MM is not real!