What is the payoff?
A conversation between an angel investor and founder(s)
See a video.
Include owner valuation: no
If pre-money valuation is
$ M...
investing $ M...
returns
$ Million
$ Million
$ M owner equity
Total equity value
$ M
$ M
These returns represent a x cash on cash return and an IRR of %.
over years...
Financial projections
Revenue multiple: x
Straight line
Exponential curve
Adjusted by year