Founder ambition
I am looking for founders with the ambition to build businesses that could return 100x or more.
Investing in startups is all about the option value. Without the chance of a huge exit, the value of your business is significantly lower.
This is precisely why venture-backed businesses can have high valuations with little revenue.
#founders #startups #venturecapital #buildinginpublic #investinginpublic