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I find it surprising that they were looking for $5M raise with MRR of less than $50K. Other sources suggest VCs are looking for a significantly higher MRR for
by pedalpete 8y ago
I find it surprising that they were looking for $5M raise with MRR of less than $50K.
Other sources suggest VCs are looking for a significantly higher MRR for series A
https://visible.vc/blog/much-revenue-startup-need-raise-series-round/ https://visible.vc/blog/much-revenue-startup-need-raise-seri...
Anybody have thoughts on that?