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We're in the mock-up stage and has started negotiation with on of well-known VCs in Silicon Valley So, based on our condition do you think which deal is good e
by ReD_CoDE 7y ago
We're in the mock-up stage and has started negotiation with on of well-known VCs in Silicon Valley
So, based on our condition do you think which deal is good enough?
We have a $1.5 trillion annual Total Addressable Market - TAM globally in smart cities market and we have chosen a company as our beachhead market strategy that has 1 million customers which if accepts our solution we will have $2.5 billion annual sales which would be between $250 million annual income
We need around just 500K users to become a unicorn
So what's the best strategy today for us in the pre-seed stage?
- askafriend 7y ago> We have a $1.5 trillion annual Total Addressable Market FWIW, anyone who throws out ridiculous TAMs when trying to sell their idea is an immediate red flag. It's a poor and over-used tactic.