We show that the span of $Ω(\frac{1}{\varepsilon^4})$ rows of any matrix $A \subset \mathbb{R}^{n \times d}$ sampled according to the length-squared distribution contains a rank-$1$ matrix $\tilde{A}$ such that $||A - \tilde{A}||_F^2 \leq (1 + \varepsilon) \cdot ||A - π_1(A)||_F^2$, where $π_1(A)$ denotes the best rank-$1$ approximation of $A$ under the Frobenius norm. Length-squared sampling has previously been used in the context of rank-$k$ approximation. However, the approximation obtained was additive in nature. We obtain a multiplicative approximation albeit only for rank-$1$ approximation.