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Today we’re talking about the harsh reality of acquisitions. Many founders see acquisition as the next logical step if fundraising isn’t going well.
I had a great Pitch Practice session with Navi. Founders — your job is to remember that you are turning acorns into thousand year oaks. Sell that vision!
What should your seed valuation be? Range is $3-30M. Lots of factors, in order of importance: founder backgrounds, market, tech, traction. Ask a few friendly investors for feedback to get a rough idea.
I met the Roots team for Pitch Practice and was blown away.
