11 ms·
I didn't decide on the valuation, it was pre established. I thought the norm was 7% for 500K, and I assumed that was kind of the standard in the pre-seed world,
by nomadpass 4y ago
I didn't decide on the valuation, it was pre established. I thought the norm was 7% for 500K, and I assumed that was kind of the standard in the pre-seed world, so it makes sense for seed rounds to be on average 2 million for 10-20% of equity dilution.