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Sounds cool! Honestly, you could probably do less than €40k, for startups to try and show some viability. YC used to do around $20k if I remember correctly, a
by hotpockets 10y ago
Sounds cool! Honestly, you could probably do less than €40k, for startups to try and show some viability. YC used to do around $20k if I remember correctly, and I think the YC fellows program does around that (could be wrong).
- leodesrumaux 10y agoThanks for the feedback hotpockets :) We actually do start lower. In practice, Seedrunners works with multiple funding targets per month, the minimum being €100,000 and the maximum €1,000,000. With €100,000, we invest in the top 5 startups at €20,000 each. At €1,000,000, we invest in the top 25 at €40,000 each. The idea is that with every new funding target reached, our investors get more diversification and each of the top startups more money to succeed. We tried to show this principle in a more graphic/friendly manner on our investor page: http://www.seedrunners.com/invest/ http://www.seedrunners.com/invest/