I still see $5M-$6M pre-seed rounds for first money, friends & family rounds with just an idea & founding team -- the type of deal flow you're most likely to en

I still see $5M-$6M pre-seed rounds for first money, friends & family rounds with just an idea & founding team -- the type of deal flow you're most likely to encounter while embedded in FAANG? Post-revenue, post-YC seed rounds are going to be $10M-$15M+. Then again, I've also heard of companies raising at $40M+ in the last 6 months with less than $300k ARR. YMMV. (I've only been angel investing for 3-4 years, and as a very part-time endeavor. 8 of 12 initial seed investments survived past SeriesA (so far), with 1 unicorn. Looked up your track record on AngelList: Mad respect!)