Green: Lead Edge targets 1:1 revenue to cumulative burn ratio
Mitchell Green · Mitchell Green, Founder @ Lead Edge Capital: Why Traditional VC is Broken · 20VC with Harry Stebbings · Mar 26, 2025 · at 38:31
Mitchell Green, Founder of Lead Edge Capital, details his firm's specific financial benchmarking framework for evaluating investment targets on 20VC.
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“Are your revenues today greater than your historical cash burn? Cumulatively. Not raised. If you've raised 80, but only burned 20, and you have a forty million dollar revenue business, like that's a great business. But we're looking for like a one to one ratio or better.”
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