Nine out of ten startups that sign up for Blitzscaling fail. They become zombie startups. They cannot raise new rounds of financing. They cannot find an Exit either. They just sit there, feeling like failures. Even if they have built $10M in profitable revenue.
In 1Mby1M, we like Seedstrapping to Exit. An example would be Adya’s acquisition by Qualys. Adya raised a small seed round. I introduced them to Philippe Courtot, CEO of Qualys. Qualys acquired Adya. For our Seed Capital series of podcasts, I’ve interviewed hundreds of investors, especially micro-VCs and angels who play an important role in
Are you trying to raise money for your startup and getting rejections? It’s worth understanding WHY. VCs are looking for Velocity. Their goal is to achieve $100M in revenue in 5-7 years. How do you do that?