Want to meet the people who can accelerate your growth? You might need to make $1 million in revenue first.
"I think there's something magical about a million dollars in terms of just showing progress and scalability of the business," says Laura Held, a partner at the investment firm Shamrock Capital. She says $1 million in revenue before EBITDA-interest, taxes, depreciation, and amortization-is a noteworthy metric that puts you on the map for everyone from angel investors to debt financiers.
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