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How VCs Think About Valuation | How to Raise Venture Capital - SaaStr AI University

Founders price their company off a spreadsheet and a feeling. VCs price off an ownership target and a story about the upside.

How VCs Think About Valuation - a free lesson in How to Raise Venture Capital at SaaStr AI University.
Founders price their company off a spreadsheet and a feeling. VCs price off an ownership target and a story about the upside.
Key takeaways:
• Most VCs work backward from an ownership target, often 15 to 20%, not from your model.
• A higher valuation means less dilution and more money for the same dilution, and can help you skip a round.
• Too high a valuation raises the bar for the next round and increases down-round risk if you miss.
Part of the free, self-paced How to Raise Venture Capital course: https://saastr.ai/university/raise-venture-capital

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