Remove Burn Rate Remove Revenue Remove Syndication Remove Valuation
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ProfessorVC: How much is enough?

Professor VC

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) Can Entrepreneurship Be Taught? ► October. (1). ► July. (1).

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How to Fund a Startup

www.paulgraham.com

There never has to be atime when you have no revenues. Another concept we need to introduce now is valuation. I say "in theory" because in early stageinvesting, valuations are voodoo. As a company gets more established,its valuation gets closer to an actual market value. Startups valuations aresupposed to rise over time.