How Can You Possibly Assume The Returns Will Be 31 to 139x for InsightStudios?
We recently started a second raise for InsightStudios, a startup studio that is developing startups using a proven methodology for finding product-market fit. Our initial raise was largely self-funded and we’ve been pretty modest about the capital we’ve brought in so far. But this has changed with our goal of raising $7.5MM in the second round to help fund six startup spinouts. We'd like to attract this capital because we would like to go faster and capital is a great accelerator for our proven business model.