By Étienne Garbugli | November 11, 2012
In general, the more you need money, the less likely you are to get it (Nivi). Traction, great team, social proof and/or a product are what you need to get funding
By Étienne Garbugli |
Venture capital is for businesses with revenues and potential to multiply ten-fold (Francois Lane). If you don’t fit the profile, forget about it.
By Étienne Garbugli | September 24, 2012
Businesses sell for 4-6 times the yearly profits (Claude Rousseau).
Selling is not enough. Never forget about profit margins. 10% vs 50% makes a huge difference in your growth potential.
With a System as a Service model (SaaS), there’s a premium on predictable profits – a certainty premium (Mark MacLeod). Revenues can be anticipated / controlled in SaaS businesses.
Gotta spend money wisely to make money (Charles Landriault).