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No need for seed for the "connections." In fact a seed investment can kinda screw things up because you're deal won't be as clean. Only take on seed if you th
by peripatetic 17y ago
No need for seed for the "connections." In fact a seed investment can kinda screw things up because you're deal won't be as clean.
Only take on seed if you think it would improve your "funding profile" to VC's. So you need to evaluate 1. what your funding profile looks like now. 2. what it would look like after a seed investment. And remember more is not always better (meaning, sometime its better to show a little less results than more. ie "wow, these guys raised a $500k seed and still only grew at 2x...")
PM me if you want to talk about your current vc fundability (i'm ex-vc, current ceo of startup)
- jreposa 17y agoYes. That's also part of the issue. I feel that if I get a good seed round from a reputable investor, I'll have a better funding profile. (I'm PMing you to figure that out... wait how do I PM?) We're bootstrapped, so I guess our funding profile is... 3 partners, equal equity.
- peripatetic 17y agoFunding profile I was meaning more like: your revenue level and growth rate, what industry you are in and dynamics of, the business model, strength of team, etc. if you want to discuss send me your email address to: peripatetic@suremail.info and I will drop you a line.