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It's a matter of whether the company can make that into a billion within a few years, and most companies who get to 10 million yearly won't ever get there either due to a business model that doesn't allow that kind of scalability or a market than can't grow that much. So I'd think VCs wouldn't be that interested if such was the case.

Kind of agree with this - traditional VCs are only likely to be interested in the billion dollar/pound companies.

Many angels and small funds will be happy with £10m/year - it's just a case of picking the right type of investor for your company.

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