What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking
Steve Blank
MARCH 16, 2016
But startups require money upfront for product development and later to scale. Some quick VC math : If a VC invests in ten early stage startups, on average, five will fail, three will return capital, and one or two will be “winners” and make most of the money for the VC fund. If so, how is the revenue measured?
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