Jason M. Lemkin: What kind of start-up do you fund?

My preferred stage is “mid-to-late seed”, somewhere between $10k and $100k-$150k a month in revenue. If you’re bootstrapped or leanly funded, sometimes I can invest a bit later (e.g., I invested in Mixmax around $3m in ARR).

I don’t like to invest much earlier than $10k MRR because you don’t have product-market fit yet. That’s fine of course, I’m just not smart enough to see it when it isn’t there yet.

After about $150k in MRR, I might still want to invest, but often it’s a bit too late. My “check book” isn’t quite large enough.

More here: Investments (Prior & Current)

View original question on quora

Published on May 12, 2018

Pin It on Pinterest

Share This
[{"code":""
[{"code":""
"label":"Not quite"
"label":"Not quite"
"win":false}
"win":false}
{"code":"WHEEL10"
{"code":"WHEEL10"
"label":"10% Off"
"label":"10% Off"
"win":true}
"win":true}
{"code":"WHEEL15"
{"code":"WHEEL15"
"label":"15% Off"
"label":"15% Off"
"win":true}
"win":true}
{"code":"WHEEL30"
{"code":"WHEEL30"
"label":"30% Off"
"label":"30% Off"
"win":true}
"win":true}
{"code":""
{"code":""
"label":"Free VIP Pass"
"label":"Free VIP Pass"
"win":true}
"win":true}
{"code":"WHEELVIP"
{"code":"WHEELVIP"
"label":"Free VIP Pass"
"label":"Free VIP Pass"
"win":true}
"win":true}
{"code":""
{"code":""
"label":"Spin again"
"label":"Spin again"
"win":false}
"win":false}
{"code":"WHEEL10"
{"code":"WHEEL10"
"label":"10% Off"
"label":"10% Off"
"win":true}
"win":true}
{"code":"WHEEL25"
{"code":"WHEEL25"
"label":"25% Off"
"label":"25% Off"
"win":true}
"win":true}
{"code":"FREESHIPPING"
{"code":"FREESHIPPING"
"label":"Spin again"
"label":"Spin again"
"win":false}
"win":false}
{"code":""
{"code":""
"label":"Almost"
"label":"Almost"
"win":false}
"win":false}
{"code":"WHEEL25"
{"code":"WHEEL25"
"label":"25% Off"
"label":"25% Off"
"win":true}]
"win":true}]