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I figure that if you take VC money you believe you can build a company worth $100 million. Granted VC David Hornik in the following video is referring to reven
by gravitycop 18y ago
I figure that if you take VC money you believe you can build a company worth $100 million.
Granted VC David Hornik in the following video is referring to revenue potential, I still think that what he says implies that VC's are looking for investments with potential exits far greater than $100 million.
http://www.youtube.com/watch?v=epdTQf0ZhPE http://www.youtube.com/watch?v=epdTQf0ZhPE
"Billion dollar companies? We like those, but we really prefer $100 billion companies." -David Hornik, August Capital
- arockwell 18y agoTo clarify I meant that as a lower bound. In other words, don't take VC money unless you believe you can create a company worth at _least_ $100 million.