US EditionThe Top 5 Reasons I Pass On a Startup
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The Top 5 Reasons I Pass On a Startup
Subscribe I looked at 4000 deals I’ve said no to in the last 3 years. Here are the most common reasons I passed… 1) No revenue. This is by far the most common reason why I pass on a startup. Cash is king. If a company can get people to plunk down their credit card, it means their product really is valuable. I like to see $200-500k ARR when I invest. But unfortunately, most startups never make a dime in revenue. 2) Wrong Industry. The next most c…
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