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As someone who has always worked in businesses, with 'organic' growth, producing physical hardware as well that software that runs on it, I find it absolutely m
by DoingIsLearning 6y ago
As someone who has always worked in businesses, with 'organic' growth, producing physical hardware as well that software that runs on it, I find it absolutely mind blowing that there are examples of teams of 5x able to round up 10M in seed rounds.
It really speaks volumes of the difference between SV, Seattle, New York, versus the rest of the world. I mean at that early stage, the amount of assurances and collateral you would need for that kind of funding would be prohibitive anywhere else.