Question
Example: Market size 150,000 or less on a yearly subscription model ($60 per year) for a total of $9 million annual revenue at most. Costs estimated to be less than 500,000 annually.
Answer
The potential value required to attract venture capital (VC) funding can vary on various factors, like industry, growth potential, and the specific investment theory of the venture capital firm. Here are a few considerations:
1)The startup's value proposition, differentiation, or disruptive potential are crucial factors in attracting VC interest.
2)VCs typically prioritize startups that have the potential for rapid scalability and significant growth.
3)VCs are interested in startups that can address larger market needs or disrupt existing markets.
It's important to note that each VC firm may have different investment criteria and preferences.
