It totally depends on the investors. In the given example of raising at 3m and selling at 10, a lot of investors would call that a failure and push instead to raise more for a bigger eventual exit.
It sucks, but the failure rate of a startup is so high that it's understandable when VCs need their successes to make it big.
On top of that, for a founder that ~5m exit may be life-changing. For the investor, probably not.
It sucks, but the failure rate of a startup is so high that it's understandable when VCs need their successes to make it big.
On top of that, for a founder that ~5m exit may be life-changing. For the investor, probably not.