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Don't Bother if Your Pre Money Valuation Exceeds $3 M

Fund: Startup Capital Ventures

Posted by Anonymous on 2007-08-14

PUBLIC:

These are great folks to work with, very likable, friendly, approachable, and of high integrity (as far as our experience). But they were only interested in a deal if the pre-money was under around $3M, so unless you're still very early stage, look elsewhere. I found the low valuation expectations seemed unrealistic, given the fairly high bar they wanted to set on how mature the business ought to be.

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