The Pitch · Jubilee’s: Is $100M Thinking Too Small?
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set current fundraising round terms that would dilute her to ~20% if closed now, providing runway through year-end
20% dilution; $260,000 cash and ARR; runway through end of year
“I would say 85 to 90% of my business now comes through B&I, previous relationships, current relationships, past relationships, through, I think I'm up to about tier 13 in referrals.”
“We would make people go through tests they would submit work samples we would go through multiple rounds of interviews”
“You want to fundraise without fundraising you want to once you get one term you want to get one term sheet and then you know tell others you have a term sheet and post a revenue graph on Twitter and then it leads to all these inbound”
“If we replaced two current members and added one, that would mean three out of our now nine board members would be new.”
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