Re:Don't Take VC Funding – It Will Destroy Your Company
by dash2 on Sunday July 09, 2023 @01:17PM
(#36656398)
This is fully compatible with the OP's point. They mentioned total $. Returns are percentages.
Re:Don't Take VC Funding – It Will Destroy Your Company
by DeathArrow on Sunday July 09, 2023 @04:05PM
(#36658331)
The revenue can be 0. As long as the shares are worth a lot, you are still a very rich person.
In general, the less money that startups raise, the better their returns:
https://techcrunch.com/2016/10/15/overdosing-on-vc-lessons-f...
There are a number of reasons for this, a big one being that marginal revenue is always the least profitable:
https://techcrunch.com/2017/10/26/toxic-vc-and-the-marginal-...