Entry Valuations and Returns in Early-Stage Venture Capital

Early-stage venture investors often debate the importance of entry valuation – for example, investing at a $5M post-money vs. a $30M post-money cap – and how it impacts eventual returns. This report examines empirical data and academic research on how entry valuations correlate with returns for U.S. pre-seed and seed-stage B2B startups. We also explore …