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Joe Petrich 🟪 pfp
Joe Petrich 🟪
@jpetrich
VCs benefit when founders think their company is earlier stage, lower valuation, higher risk, and lower upside than it actually is. Keep your feet on the ground and be hungry, but stay confident, shoot for the stars, and don't apologize for valuing yourself and what you've built.
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Gregarious pfp
Gregarious
@gregarious
Def agree with you both. Curious @jpetrich what are you seeing as methods they're using to peg valuations / growth downwards. Assuming you've got metrics (at the A and higher) how do they discount these?
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Joe Petrich 🟪 pfp
Joe Petrich 🟪
@jpetrich
Speaking purely from public comments I've seen, there's a lot of talk about uncertainty with the overall economy, the advice that too high a valuation can make it impossible to raise again, and discussion of the valuations in hot verticals (ai) vs others. I wouldn't want to speak out of turn about private conversations I or others at my company have had with investors- I think we've gotten great advice and introductions so largely have dealt with forthcoming and honest investors who aren't pretending incentives are what they aren't.
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