True, False, Uncertain: For first round VCs, using DCF methodology to estimate IPO exit valuation of a portfolio firm, it must consider all expected cash flow estimates starting from the time of its investment. True Fatse Uncertain 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? M=10; target return =115% (annual) M=12. target return =125% (annual) M=14 : target return =115% (annual) M 16: target return =125% (annual)