Almas Abulkhairov
Sep 5, 2018 · 1 min read

I see it best as applied to position size in specific funding round, where

  • X-axis is the position size (fund commitment)
  • Y-axis is expected N-x gains from investment, as well as risk-level

So that higher risk companies must project higher returns with lower cheques, and companies who are more developed with validated business model & growth insights can deliver just 2–3X, but from higher investment position size, with lower risks.

    Almas Abulkhairov

    Written by

    Venture Investor, Head of Analytics at FunCubator