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Of course is $50M exit a lot better than a failure. My point was: if $50M is your maximum potential - if everything goes perfect - it'd be pretty hard to get s
by toong 12y ago
Of course is $50M exit a lot better than a failure.
My point was: if $50M is your maximum potential - if everything goes perfect - it'd be pretty hard to get some interest from VCs.
For their math to work out, they need at least the potential for an exit a few orders of magnitude more than their investment. If VC rounds start at $1M, a max potential of $50M will not be taken into consideration so easily ?