Palumbo: Expecting high valuation multiples slowed Outpoint's 2022 fundraising
Rob Palumbo · He raised $1.5M, hit $400K ARR in 9 months— but had to Exit Early. Here’s the top 3 lessons he le... · PMF Show · Nov 14, 2024 · at 27:25
Rob Palumbo reflects on fundraising mistakes made at his startup Outpoint following the 2021 market peak.
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“As valuations came down, I don't think we were quick enough to, like, pivot our fundraising strategy to the new reality. You know, we were still expecting high multiples, and I think that actually slowed down our fundraising process a bit.”
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