Miles: Salad targets $60M-$70M pre-money valuation at $5M run rate
Bob Miles · Gamers contribute GPU To this SaaS Marketplace Raising $15m at $70m Valuation with $5m in Revenue · Nov 26, 2021 · at 18:19
Bob Miles, founder of GPU-sharing marketplace Salad, discusses the financial targets and term sheets for the company's Series A fundraising round.
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“So five million dollar run rate. We've actually, we've got verbal terms. They're not where I want it to be. I want it to be at 60 or 70 pre-money.”
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“We're now the world's fourth largest supercomputer.”
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