Do you need help with fundraising?

Before going out to raise, founders should follow this simple guide.

  • With X raised, we will achieve $Y in MRR in Z months. 

  • Compared to now, we will have X customers and will grow by Y%.

  • Additional business milestones and product milestones will be achieved.

  • There will be an average burn of $X per month (burn not spent) and a runway of Y months.

  • We plan to raise the next round in X months, at which point our revenue will be $Y, and our runway will be Z.

All X, Y, and Z in the above are different for each line.

You will likely notice tension between the lines, and that is intentional.

Your deck and financial model should reflect the above metrics.

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Venture funding in 2024

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