How to Invest in a Tech Business

We're not likely to invest in things that have got growth of sort of less than 30%, probably higher, and then we want to have companies, as I think I've mentioned, which have like gross margins of over 70%. So if your gross margin is sort of 40, 50%, then there's work to do. We would also be keen on efficiency metrics, like I've talked about, you know, we could probably get comfortable with a two times burn ratio. There probably isn't one at 10 times burn multiple, or a five times burnMultiple,. And really what we're looking for is companies that have a burn multiple of sort of sort of 1 and a half or less.