
“Founders often want clean and concrete answers as to when they’re ready to raise. This is why the idea that VCs filter exclusively on metrics is attractive.
For instance: Saas companies are ready for an A when they cross $1m in ARR. This sounds good, but we’ve seen As happen for Saas companies with ARR between $200k and $9m with plenty of companies failing all along that range. Clearly VCs don’t care that much about this rule.”
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Their Success . . . There’s something to be said about taking an age-old concept like a diner and reinventing just enough to meets our modern culinary demands. Back in the 1400’s when Leonardo Da Vinci famously expressed “Simplicity is the ultimate sophistication.” Meme’s diner on Washington Ave in Prospect Heights, Brooklyn was most certainly not his inspiration. What did however spawn from that idea is the feeling you experience while dining at Meme’s. Their menu is sophisticated yet straightforward. Daring while self restrained. And comforting while modern. With classic menu items like Parmesan style chicken cutlet with greens to a mouth watering Patty Melt, not only will your taste buds be excited but your experience will be refreshing.