100 sats \ 4 replies \ @ab 12 Jul 2022 freebie \ parent \ on: Hey so SN raised a seed round meta
+1 on this, curious on the methodology for coming up with that number as well as how much of the company you sell to investors.
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52 sats \ 3 replies \ @k00b OP 12 Jul 2022
It’s median of seed stage according to angel’s list. I did get pushback. I wanted a 30m valuation.
I sell as much as I need to to get to the next stage of growth with a little padding. Put another way, I raise as much as I think I need without being super optimistic on growth.
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2376 sats \ 2 replies \ @k00b OP 12 Jul 2022
I should note that I have no idea what I'm doing. This is just what I decided to do. This is my thinking, not facts, and it might be terribly misguided.
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100 sats \ 0 replies \ @ab 3 Aug 2022
Thanks for the info! That is the best way to learn, just get out there and do it. I love the way you are going about this, the transparency is amazing and I think is the way a lot of startups will be operating in future.
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100 sats \ 0 replies \ @uco 13 Jul 2022
That's why you're going to be super successful @koob! Humility, curiosity and honesty are rare traits but necessary for a founder. Wishing you much success!
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