Here’s how founders are projecting their startup’s growth rate
GUEST: Creating and presenting revenue forecasts to investors is always tricky for startup founders. Forecast too high, and they won’t believe you, forecast too conservatively, and they may lose interest.
To get a sense of how the average startup is assessing its growth potential, my company, Equidam, has collected financial projections for more than 15,000 early-stage ventures across 78 countries. We looked at the latest year of financials plus the next three years of forecasted revenues.
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