Sell at $60 million or $120 million?Jan 20, 2023
Would you rather sell your company at $60 million or $120 million?
$120 million, right?
Let me ask it this way ... would you rather own 100% of the $60 million company or 30% of the $120 million company?
It's a calculus every founder raising VC has to think through.
The VC's often encourage founders to spend more, often like drunken sailors, just so the VC's can get their hands on a larger equity stake.
Too many founders seeking their next round don't have the revenue plays, tactics and teams to grow organically.
Before we'd ever cut a check, we make sure the founder has a solid revenue playbook in place, ready to go.
That means it's performing, right now.
And when it's not there, we build it together in our venture studio ... BEFORE the checks get cut.
All founders must be willing to work through ALL the phases of a successful startup.
If you are a faith driven founder, God promises to give you the ability and power to create wealth. (Deuteronomy 8:18)
And then there's this ....
The Lord will send a blessing on your barns and on everything you put your hand to. The Lord your God will bless you in the land he is giving you. (Deuteronomy 28:8 )
I've found with God as your partner, you can take His promises to the bank. The check will always cash!