June 21, 2013

VC Valuation Guide: How much to dilute at each stage

Useful Quora answer by Seedfund's
Mahesh Murthy
At the friends and family round, you give out 5% to 10%. So your post valuations are typically around Rs. 1.5 cr At the individual angels round, you give out 10% to 15% so post valuations are Rs. 3 cr to Rs. 5 cr. At the established angels round, you give out 15% to 20% and post valuations are typically Rs. 10 cr or thereabouts. At the seed stage, you probably give out 25% to 33% and the typical post valuations are Rs. 25 cr or so. At the growth stage you give out 25% to 40% or so and your post valuation will be at Rs. 80 cr or so. At the late-stage you might give out 25% to 40% or more and your post valuation will be Rs. 150 cr or so.
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