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Re:Ask YC: I'm pitching to an angel. How do I value my startup? by mrtron on Friday January 18, 2008 @11:27PM (#100774)
I would go one step further.

If you need 100k, why are you looking for VC funding? They will give a horrible valuation and take a large part of your company. First phase funding in the ~100k range I would look for angel investors or get the people involved to contribute the money. Either raise 500k from a VC and have a much more aggressive growth strategy if that is the route you want to go, or raise 50k from friends/angels/yourselves and minimize costs as much as possible.

Re:Ask YC: I'm pitching to an angel. How do I value my startup? by hacker64 on Friday January 18, 2008 @11:31PM (#100777)
I'm not looking for VC funding. He's an angel investor.
Re:Ask YC: I'm pitching to an angel. How do I value my startup? by mrtron on Saturday January 19, 2008 @12:04AM (#100788)
Well then. Good move.

(friday night, beer and a looming all nighter...and other excuses, read the YC as VC...)