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Understood. I appreciate your prompt reply and will keep it in mind. Based on the numbers that you shared above, it seems that you typically co-invest, but pref
by ablekh 7y ago
Understood. I appreciate your prompt reply and will keep it in mind. Based on the numbers that you shared above, it seems that you typically co-invest, but prefer other VC firms to lead in a seed round. Correct? If so, do you expect to be approached regarding a potential co-investment opportunity only after a lead investor is found and has expressed their commitment to funding?
- lpolovets 7y agoIt's the opposite actually: we try to lead (or co-lead) if someone hasn't signed a term sheet yet, but if they have accepted a term sheet then we're happy to co-invest. $1m-$2m checks are generally enough to lead almost any seed round these days.
- ablekh 7y agoI see. Thank you very much for clarifying. Will reach out to you when the time is right ... :-)