Re:Investors
by pg on Sunday December 23, 2012 @08:16PM
(#4961385)
The higher the average price you pay, the fewer deals you can afford to be in
That's only true if you have to get a certain amount of stock, which is the case for VCs doing series A rounds, but not for angels or VCs doing seed rounds of the type Chris wrote about. How many deals an angel or seed investing VC can afford to be in is a function of the average amount invested, not the average valuation.
That's only true if you have to get a certain amount of stock, which is the case for VCs doing series A rounds, but not for angels or VCs doing seed rounds of the type Chris wrote about. How many deals an angel or seed investing VC can afford to be in is a function of the average amount invested, not the average valuation.