How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?
Both Sides of the Table
MAY 28, 2018
Founder: “$8–10 million” VC: “What’s your current burn rate?” If you’ve only ever raised $500k, have limited revenue, have 7 people at your company and aren’t a serial entrepreneur it’s a pretty tall order to imagine going straight to $8–10 million unless your data is very compelling or you’ve otherwise become “hot.”
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