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A large number of small checks is common in seed rounds. A piece of unsolicited advice: put the checks into escrow with your lawyer and set a minimum raise thre
by ttul 6y ago
A large number of small checks is common in seed rounds. A piece of unsolicited advice: put the checks into escrow with your lawyer and set a minimum raise threshold. It will make it easier to attract capital if investors know you’re only committing them to a successful raise.