4 ms·

I wonder how much these people are giving up for this check? I guess part of what you’re buying into is an advisory network, but for an engineer or even a non-e

I wonder how much these people are giving up for this check? I guess part of what you’re buying into is an advisory network, but for an engineer or even a non-engineer in tech who manages their finances this is definitely an amount that can be self funded with a little effort. The only reason I would be considering this is for the network intangibles and even then it would be for a very small amount of equity.

rahimnathwani 4y ago
This is the median check amount. A single company may receive checks from multiple angels, so the total pre-seed round may be larger. Regarding valuation, pre-seed investments are often SAFEs or convertible debt, with a discount and valuation cap.
jimhi 4y ago
At seed stage it the caps I’ve seen can range from 6-40 million taking these size checks. It’s truly all over the place