Two budget hacks I just remembered, NEVER, under any circumstances, call your budget holdback a 'slush fund' - this will get it recalled by finance. Innovation budget, experimentation budget, and 'projects with big ROI budget' could all work, but never, ever slush fund.
Hi Carilu, thanks - this is interesting. The numbers look high for the UK market, particularly for <$10m companies. Could that be because your data is largely US, where funding rounds are typically a lot higher?
Two budget hacks I just remembered, NEVER, under any circumstances, call your budget holdback a 'slush fund' - this will get it recalled by finance. Innovation budget, experimentation budget, and 'projects with big ROI budget' could all work, but never, ever slush fund.
I just found you and this is very "meaty"(I am veg, but it fits here best) post!
Plus, it's not very "hot" topic to write about - and you made it interesting! Thanks for that!
thanks for sharing Carilu, always helpful to get comps like this!
Hi Carilu, thanks - this is interesting. The numbers look high for the UK market, particularly for <$10m companies. Could that be because your data is largely US, where funding rounds are typically a lot higher?
Alun - Yes, the data is mostly drawn from US companies. Thanks for the note.
Hi there, any idea what the ideal pipe to spend ratio is for companies within $30M-$50M range? thank you!