via techcrunch.com
So, you’ve built yourself a nice little product. Maybe you’ve raised a small friends-and-family round; maybe you’re still bootstrappin’ on your own. Either way, now you’re looking to raise at least a million dollars to help with the next steps.
While there’s no perfect formula for stuff like this, these stats from AngelList’s Ash Fontana are a pretty good indication of the metrics you should be aiming for.
As part of a presentation at a startup gathering in Santiago, Chile this evening, Ash presented a slide outlining some ballpark metrics that startups should aim for before swoopin’ in for a big first round...
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