How to Answer the VC Valuation Question
Over the last few years, I have presented to dozens of venture capital firms while fundraising, and inevitably, the venture capital investor always asks you what valuation you are looking for. This reminds me of that job interview question we have all been asked… "What are your biggest weaknesses?" There really isn’t a right answer, but there sure are a lot of bad answers.
Stu Phillips does a nice job of explaining how to answer this important VC question on his blog, Soaring on Ridgelift.
One hint… Don’t answer the question!
Well, there is actually more to that conclusion, but you can read the details in Stu’s blog post, The Valuation Trap.
Nice post Stu!