Question: please help If a VC says, we are looking for 10X return in 3 years. What is the target multiple of money (M)? What is
If a VC says, "we are looking for 10X return in 3 years". What is the target multiple of money (M)? What is VC's "target" return? Suppose VC's cost of capital is 15% M = 10; target return - 115% (annual) M = 12; target return = 125% (annual) M-14; target return = 115% (annual) M = 16; target return = 125% (annual)
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