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Predict Growth • 1y
1. Build a solid financial model that caters to some scenarios - optimist & pessimist. Work on assumptions- they will be your main POV considering one is pre revenue. 2. Anywhere between 3-6 months is the average fundraising cycle 3. Pre revenue valuation is tricky. Usually driven by valuing your idea, your team, tech stack to be used, any partnedships or GTM strategy is place and value of product built so far. You definitely won’t get valued just by having an idea. Some work goes into it at the fundamental level. Different angels, VC & micro VCs use different methods for this. It is subjective in practical life.
Serious Thinker • 9m
Currently medial is pre-revenue and free for users. If they start subscription or freemium model, will you continue to use it and if continue, which model will you choose? (If medial is finding this post, can you tell us what would be your revenue m
See MoreEntrepreneur | Build... • 1m
The Entrepreneur’s Funding Journey (aka "The Hunger Games: VC Edition") 1. Idea stage: “This is going to revolutionize the world.” 2. Prototype stage: “It almost works. On Tuesdays. If you pray.” 3. Pitch stage: “We’re pre-product, pre-revenue,
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