4 ms·
33% of the business in a seed round is nuts
by chrisgd 7mo ago
33% of the business in a seed round is nuts
- ak_111 7mo agocan you elaborate more, also isn't this necessary for a Lab that wants to compete with highly funded entities (like OpenAI, Anthropic)?
- chrisgd 7mo agoAt this rate, with round 4, outside investors own 70% of company. It’s not wrong, but unusual. Most seed round might be 10-20% of business. Your point on quantum of capital could be the disconnect for me.