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But it gives you a basis for further consideration. Surely nobody will pay $1000/hr for your services. If they pay $100/hr and you think you have a 1 in 10 ch
by wavephorm 15y ago
But it gives you a basis for further consideration. Surely nobody will pay $1000/hr for your services. If they pay $100/hr and you think you have a 1 in 10 chance of exiting for $10M then maybe that's break even.
Really, if you don't think your startup is going to be worth even $5M at some point in the future, I think you have to take a hard look at what you're really trying to accomplish.