Really? What is this "common standard"? I'll agree that there's a range, but the high end is 2-5x the low end, so if you don't know the exact number for different, you can't reasonably compare companies.
VCs always ask and they're constantly evaluating investments. Why do you think that the less-practiced should wing it?
VCs always ask and they're constantly evaluating investments. Why do you think that the less-practiced should wing it?