Want To Raise A Million Dollar? Here Are The Milestones You Need To Reach First!

Leave a comment

2013/04/24 by lingdecklee

We all wonder what it takes for VCs to become interested in investing a million dollar in our startups. A fantastic product? Doubt it. An all-star team? May be. Proven traction? Bingo! VCs are scientific animals after all. The only way they can give you the figure you wanted is for you to give them the figures they wanted.

So if metrics are what they are after, is there any rule of thumb? Well, we all can appreciate it is difficult to get a precise figure for each startup, but someone has come up with some ballpark metrics that startups should aim for before trying to seal any deal with the VCs:

Want To Raise A Million Bucks? Here’s What You’ll Need

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: