Peter Specht
9 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 27, 2023 by Peter Specht · across every show →
On the record as a speaker too: Peter Specht's record, appearances and statements → this page counts the times other people say the name.
Everything said about Peter Specht, oldest first
Jul 27, 2023
Jul 27, 2023 neutral
Specht: 2x to 3x Growth Results in 15x Valuation Multiples
“In the lower multiple buckets, like, in the, let's say, in a range of, like, 15 to 25, you would rather end up at the 15 X multiple range if you are growing, let's say, two to three X. So, solid good growth, but not hyper growth, not, like, very fast growth. T…”
Jul 27, 2023
Specht: Startups must start fundraising nine months before cash out
“It's not starting six months before cash out anymore. It's more starting, you know, nine months before you run out of cash, because after two, three months, you realize if the fundraise was probably successful or not. And if it's, you know, tough fundraise or …”
Jul 27, 2023 neutral
Specht: Over 90% of VCs expect Series B burn multiples under 2x
“Where 40% of the people expect a burn multiple between one and one and a half, which is considered to be a great burn multiple. And, 53% want to see one and a half to two X burn multiple. So, 90% of the people, of the funds, want to see burn multiples, ideally…”
Jul 27, 2023
Specht: Limit investor pitch calls to a maximum of five per day
“I also always recommend to maximum have five investor calls per day and not go for like 15, because you sometimes realize that people are, you know, worn out at the end of the day. You don't have the right energy of it. So rather, you know, ah, focus your ener…”
Jul 27, 2023 neutral
Jul 27, 2023
Specht: Founders should prioritize closing rounds over high valuations
“And then, flat and down rounds are happening. We're seeing them across in the market. Everyone wants to avoid them. No one likes them. But they're the reality. And I would suggest prioritizing making a round happen over pushing on valuation.”
Jul 27, 2023 neutral
Specht: ARR Multiple Benchmarks Only Work Above $1.5M-$2M ARR
“Typically, I think the multiple comparisons work well from, like, one and a half million, two million ARR upwards. When the base is, you know, much lower than that, then multiples are simply just very high because the denominator is so small in the calculation…”