How To Raise $20 Billion in Venture Capital

Image credit: businessinsider.com.au

Way back in the early 1990s when I co-founded my very first startup our Series A round was half a million dollars; we went on to raise an additional fifteen million over the next two years as we were considered a hot company with great prospects. Back then, the average VC fund was around two hundred million dollars and any software company consuming more than twenty million before reaching breakeven was considered…