Hampson: Funding depends on growth trajectory rather than absolute ARR
Tim Hampson · 1400 How he Plans to Reach Profitability in CRM space by EOY · May 25, 2019 · at 18:59
Tim Hampson, CEO of SalesSeek, explains to Nathan Latka what metrics investors prioritize when evaluating early-stage software companies for funding rounds.
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“I think funding is a function of growth. As it were. So it's more about how, how is your, what's your trajectory looking like? So it's not so much the absolute value is, you know, have you actually grown you know, 15% month on month for the past six months? You know, if you can show a sort of consistent growth, then that, that's the trigger for funding more than, cause if you're, even if you're doing say, you know, five million ARR, if that was only growing at a few percent, Or even declining. That, that would not be an attractive funding option.”
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