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VC: Evaluate a Series A deal
A founder pitches their startup. Analyze the deal from the investor's perspective.
Corporate FinanceIntermediateQCM
**FlowAI** is a B2B SaaS startup doing AI automation. The founder presents:
- Current ARR: **€2M** (growing 150% YoY)
- Burns **€400K/month** of cash
- Remaining runway: **8 months**
- Ask: **€10M** in Series A
- Pre-money valuation asked: **€40M** (i.e., 20x ARR)
- Market comp: AI SaaS are valued at 15-25x ARR
You manage a €100M fund.
Question 1/3
Is the €40M pre-money valuation (20x ARR) reasonable?
0/3
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