I raised $4M seed round on a SAFE from two well known multi $B fund and others. I don’t think anyone asked for a balance sheet. The company was 3mo old, so ther

I raised $4M seed round on a SAFE from two well known multi $B fund and others. I don’t think anyone asked for a balance sheet. The company was 3mo old, so there wasn’t much (no revenue, hardly any expenses) and we didn’t even have an accountant yet. There was some basic due diligence questions that us founders had to answer but very light still. I’d assume most seed deals on SAFEs or even priced rounds are similar.