David Teten

JANUARY 21, 2021

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? VI: Revenue-based financing: The next step for private equity and early-stage investment. This is a summary of: Revenue-Based financing: State of the Industry 2020.

Equity 78

Equity Revenue Cofounder Colorado 78

View from Seed

SEPTEMBER 14, 2021

For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Seed investors are being compensated for the risk because later-stage investors are paying higher prices, and diluting early-stage investors less. The chart below illustrates this, with the black vertical line representing the average VC return.

Valuation 319

Valuation Pre-Money Valuation Distribution Early Stage 319

View from Seed

SEPTEMBER 14, 2021

For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Seed investors are being compensated for the risk because later-stage investors are paying higher prices, and diluting early-stage investors less. The chart below illustrates this, with the black vertical line representing the average VC return.

Valuation 295

Valuation Pre-Money Valuation Distribution Early Stage 295

View from Seed

SEPTEMBER 14, 2021

For context, seed-stage pre-money valuations are up 24% from H1 2020 to H1 2021. Seed investors are being compensated for the risk because later-stage investors are paying higher prices, and diluting early-stage investors less. The chart below illustrates this, with the black vertical line representing the average VC return.

Valuation 156

Valuation Pre-Money Valuation Distribution Early Stage 156