3 ms·

$20k is not worth bothering for a VC (if that is all you need, get a bank loan or "FFF" round - friends, family & fools). $1m might.

• danwee 4y ago
  Depends on the country I guess.
  • sokoloff 4y ago
    Are there countries where VCs are writing $20K checks? That seems like an incredible amount of overhead for them to bother/for it to be worthwhile to them.
    • dagw 4y ago
      Are there countries where VCs are writing $20K checks? Most of Europe.
      • terryf 4y ago
        Terminology matters. VCs are absolutely not writing €20k checks in Europe. Angel investors are.
        • bombcar 4y ago
          Some VCs blend the line between angel and VC (often the angels are on the board/involved with various VCs).
• jongjong 4y ago
  That particular VC was on the board of directors of an incubator program which did small $20K rounds.