Question
As an Australian startup, it's ingrained that before talking to an investor you really should have proven metrics.
The irony is, once you've got good metrics, you're likely running a tight ship, you know your numbers, you have a scalable sales method (with a magic number of 5+), have proven partnerships and have a global customer base... You sort of wonder if it makes sense to raise...
Especially if you're already profitable.
I'm interested in your thoughts on this?
Answer
It sounds like you don't need money, but you need connections.
VCs are valuable as such, because they can provide intros to Woolworths CEO etc.,which saves you 3 months in your sales cycle.
At your point of traction now, you can get a really good deal for your round, so it is definitely worth it. However, I would also hop over to the U.S., to speak with some investors there, it's definitely worth it.
I'm not sure if you know the Aussie Mafia, but simply search for the Facebook group and make a post there, they will connect you to relevant investors.
