> A $100M exit doesn't get most VCs excited but angels and syndicates of angels prob love those.
Sure, I could see an angel who put $50,000 into a $250,000 seed round for a company at a $2 million pre-money valuation being happy about a $100 million exit if said company never raises additional capital, but I'd be interested in knowing a) how typical this type of scenario is and b) what the overall returns are, on average, for angels actively making these kinds of investments.
Sure, I could see an angel who put $50,000 into a $250,000 seed round for a company at a $2 million pre-money valuation being happy about a $100 million exit if said company never raises additional capital, but I'd be interested in knowing a) how typical this type of scenario is and b) what the overall returns are, on average, for angels actively making these kinds of investments.