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There's a sort of threshold around there. A startup can raise at $20m after Demo Day by looking really promising, but to raise at $40m you usually have to be l
by pg 13y ago
There's a sort of threshold around there. A startup can raise at $20m after Demo Day by looking really promising, but to raise at $40m you usually have to be launched and growing consistently.
- carlosrt 13y agoSo presumably, companies that are on a ~$3M revenue run rate are a safer bet. Assuming a multiple of 15.