Lavingia: Venture-backed startups need 10-20% MoM growth by Series A/B
Sahil Lavingia · #98 Sahil Lavingia: Observing the Present · Dec 8, 2020 · at 29:03
Sahil Lavingia, founder and CEO of Gumroad, explains the non-negotiable growth requirements venture capital investors demand from startups.
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“You need to be growing in the article, I say, 20% month over a month, but it can be 10%. It just needs to be sort of exponential or so. Or polynomial or whatever the correct math term is. And if you're doing that, you can stay on this path. If you're not doing that, it's going to be tough. It really, you know, maybe it's pre-seed, seed A little bit different, but if, you know, at sort of at some point around series A, series B, that becomes sort of like the end all be all. It becomes the most important thing in which all of the other things can't outweigh that.”
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