from Hacker News

How VC’s Get to “Yes”

by daveambrose on 2/10/14, 5:40 AM with 13 comments

  • by jey on 2/10/14, 6:26 AM

    > fundraising is about “searching for true believers, not convincing skeptics.”

    Interesting and well said. Makes sense, but I hadn't thought of it in those terms.

  • by syllogism on 2/10/14, 7:10 AM

    > For example, there is sort of a magic number for SaaS businesses to achieve $100K MRR, which is usually a good benchmark for being able to raise a decent VC-led series A or B.

    Wait, what? If you have $100k MRR, why do you need any venture capital at all?

  • by lowglow on 2/10/14, 6:12 AM