US VCs Offer Higher Multiples but Demand Faster Growth Than UK VCs
Mike Austin · FreshRelevance Founders Put Up $500k To Start, Now $5m Revenue, 500 Customers · Jul 16, 2020 · at 11:06
Fresh Relevance co-founder and CEO Mike Austin compares venture capital expectations and valuations between Silicon Valley and the UK.
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“One of the differences we see between PEs in the UK and those in the US is the scale of investment and the expectation on growth. So, you know, in, in, if you get money in the valley, then you can get a phenomenal multiple, but you're also expected to hit, you know, a 60% annual or a hundred percent annual or a hundred percent annual or whatever it is. In the UK you get a lower model of valuation, but the growth expectations are more reasonable.”
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