Re:What I learnt after burning $10M as an entrepreneur
by ttul on Wednesday March 31, 2021 @10:17AM
(#26647616)
There is a rule of thumb in SaaS that you should eventually reach annual revenue equal to the amount of capital invested. Flow reached $3M ARR on $10M invested, which is a really poor outcome.
I have definitely seen many venture backed companies that never reach this benchmark. That’s just life.
But at $3M ARR, there is not much hope for recovering their $10M, let alone $900K ARR...
I have definitely seen many venture backed companies that never reach this benchmark. That’s just life.
But at $3M ARR, there is not much hope for recovering their $10M, let alone $900K ARR...