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Yes - early stage investors are looking for 100x. Often ppl go around touting other #s. Not 10x. Not 2x. But 100x. Obv most cos will not be 100x. But that is what early VCs hope will happen if everything goes right.
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What VCs are Hoping For, a simple guide: Seed-Series A: 100x Series B-Series C: 10x Pre-IPO: 3x So that's sort of what you are promising you will go for
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putting this here in case anyone wants to see how the #s play out. Tl;dr -100x makes up for all the cos that shut down + never exited (<—-this is key) -even w 100x winner, the fund still doesn't make much money - hah 😲 Yet everyone wants to be a VC.
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👋 Qn - How do you think of startups with $100-$300M exit potential? Ex. a $1M raise at $10M cap in a category where there have been 1-5 exits at a $1B+ and hundreds at $100-$500M. Bet wise: exit value * probability is higher on second