A clean term sheet with the right valuation
Reference:
https://sifted.eu/articles/otpp-looking-for-climate
Multiples for successful private software companies are now “closer to 10x than [they] are to 20x” [of annual revenue as a valuation] given how much multiples have come down on public markets.
“For the companies who are out there fundraising ‘all else being equal’, founders should look to have a clean term sheet with the right valuation, even if that means taking a downround, or raising a lower valuation than the last round,” says Larizadeh Duggan, senior managing director of Teachers’ Venture Growth (TVG) in an interview to Sifted.
TVG is looking for investments in AI and Climate Tech in Europe, and she gives some interesting opinions and tips to be invested. Currently, investors are on standby, and many fundraising processes are being delayed or challenged. Thus you need to be very well prepared to raise capital
Read the full interview HERE.
And if you need some help in your growth, contact us at IVY Advance Business Coaching