The potential value that a startup needs to have in order to attract VC funding can vary widely depending on a range of factors, including the industry, the stage of the company, and the specific investment thesis of the VC firm. Generally speaking, VCs are looking for startups that have the potential to generate significant returns on their investment, typically through a future exit such as an IPO or acquisition.

For early-stage startups, VC firms may be looking for potential valuations of $10 million or less, while later-stage startups may need to demonstrate the potential for valuations in excess of $100 million. However, it's important to note that valuations are just one factor that VCs consider when evaluating potential investments. Other factors, such as the team's expertise, market traction, and revenue potential, may also be critical in attracting VC funding.

Ultimately, the potential value of a startup will depend on a range of factors, including the company's growth prospects, competitive landscape, and the investment climate at the time of fundraising. Startups that can demonstrate strong growth potential and a clear path to profitability are likely to be more attractive to VC firms and may be able to secure funding at higher valuations.