Jose and I typically invest in a copy only if the original model has reached $100 million in revenues and is profitable or on the path to profitability. Increasingly companies that have just raised seed money are being copied.
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in title, tags, annotations or urlAli Partovi on Silicon Valley and Embracing Risk (Spain Startup & Investor Summit) | Entrepreneurship Weblog - 7 views
Fabrice Grinda: Musings of an Entrepreneur » And then there were a 100… - 0 views
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We don’t take simultaneous business model and market risk
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mostly investing in priced rounds with pre-money valuations between $1 and $3 million, has allowed us to be successful on the majority of our exits – even when they were for less than $10 million
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