If a startup has an unreasonably high valuation in its F&F round, would Angels and VCs be concerned?
Yes, absolutely. In my experience, that may well be the #1 killer of deals that should otherwise happen. Consider the math: if the F&F round is $60K for 1%, that means the ‘post investment’ valuation of the company is $6 million. If the company now approaches a professional investor such as a VC, angel group […]
David S. Rose
, Founder and CEO
, GUST INC.
20 Jul 2019