3 ms·
That is what I was wondering as well. Where can I find investors willing to invest up to $1M with an expected 2-3x ROI on typical VC terms? In particular, for p
by mfld 2y ago
That is what I was wondering as well. Where can I find investors willing to invest up to $1M with an expected 2-3x ROI on typical VC terms? In particular, for pre-revenue ventures. And how can you keep that 90%+ equity with 10 angel investors?
- jonas21 2y agoYeah, unless they're your friends or rich uncle, these investors don't exist. When the OP raised money, it sounds like he was still planning on going the VC-funded route, and that's the assumption investors would have been operating under. In the end, they were probably okay with a 2-3x ROI because they expect most of their investments not to work out, and 2-3x is better than 0x. But I doubt they would have invested if the plan all along was to aim for a 2-3x return.