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Yes exactly. The end of the article summed it up nicely, the seed funding sometimes feels impossible over here. It's very difficult to find an investor who wi
by adwf 13y ago
Yes exactly. The end of the article summed it up nicely, the seed funding sometimes feels impossible over here. It's very difficult to find an investor who will give a decent SV-comparable valuation when you are pre-revenue.
It's even worse when you actually have a small cashflow coming in, then they'll just value your company based on revenue x5 - if you're lucky!
- simonbarker87 13y agox5 valuation?! They must have been really impressed with you to give you that. Generally we've found that small VCs are better than angels, but breaking the link between revenue and valuation is tough.
- adwf 13y agoJust an example, not me personally. Yeah it's depressing.