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Helen has a meeting with a venture capitalist for a Series A round at a $10 million valuation. She has proprietary patents for the latest advancements in facial recognition, a team of five Stanford grads, and seed money from Andreessen Horowitz and Union Square Ventures. She has two enterprise customers. The VC has her interest piqued but declines to invest at this stage. Why? Group of answer choices Helen needs to further build out her team Helen should be raising a Series B, not A Helen needs better venture capitalists funding her project Helen needs more customers

User Marko Topolnik
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1 Answer

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8 votes

Answer: Helen needs more customers

Step-by-step explanation:

Even though the VC has her interest piqued but declines to invest at this stage, the reason is because of the fact that she has two enterprise customers.

The venture capitalist will not invest when there isn't enough customers as the VC may think that it's not worth investing in and doesn't want to make a loss. Therefore, Helen needs more customers.

User Tcetin
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