4 ms·

Little confused, you raised 1.8M in preseed, and then 5M in seed?

• jacquesm 6y ago
  This isn't entirely in jest but here in Europe that would be a series 'A', sadly. Valuations here are on an entirely different scale than in the US.
  • cj 6y ago
    I was a bit baffled to hear valuations in the latest batches are reaching $15mm+. For seed. Right of of an accelerator. If they were able to raise on a cap in that ballpark, the $ amount makes sense. I have a feeling these high valuations and giant rounds will end up doing a disservice to founders of moderately (but not massively) successful startups who are left with $7mm of notes (or safes) to pay back on acquisition with 1x liquidation preference
• tangjeff0 6y ago
  Also confused here. Slide 7 [0] says seed funding of $1.8M, but Airbyte is also calling the most recent round a $5M seed. Implies they will call the first round Pre-Seed retroactively, rather than calling the second round Seed+. It's all grey at this stage either way! [0]: https://airbyte.io/articles/our-story/the-deck-we-used-to-raise-our-seed-with-accel-in-13-days/#menu-1-7eb0fc7:~:text=7.%20Our%20Velocity https://airbyte.io/articles/our-story/the-deck-we-used-to-ra...
  • jeanlaf 6y ago
    This round was the first priced round and consolidated all previous fund raising (which were in SAFE).