When it comes to forecasting revenue for your startup, consider it a work of speculative fiction — akin to a Hollywood script which is “based on a true story.” Your projections might be grounded in your startup’s past performance, but the reality is, the future is a wild and unpredictable beast.
In fact, if your financial future closely mirrors your past, you might be running a traditional business, not a startup. That’s perfectly fine, but it’s not what venture capitalists (VCs) are looking for.