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You're mistaken, almost all of them are seed-stage, minus one. You can issue stock whenever you want. But I realize that your point is that you'd prefer due di
by irollboozers 13y ago
You're mistaken, almost all of them are seed-stage, minus one. You can issue stock whenever you want.
But I realize that your point is that you'd prefer due diligence and transparency on terms before using a site like WeFunder. The thing is, most investments at that stage don't have that much due diligence beyond market size, team, and traction. I think this is where you're misunderstanding.
- vladimirralev 13y agoYou're mistaken. Most of these companies are raising >500K, this is not seed money. Seed is typically less than 100K. There are at least 10 companies that come from YC, which means they already got their seed round. You can't do seed twice by definition.
- irollboozers 13y agoThere is no definition of 'seed', so I'm not sure where you're getting these ideas. Seed is just pre-Series A. I am a YC W13 founder and I just raised a 'seed' round. Our investors signed the paperwork as a 'seed' round. We raised >$500k.
- vladimirralev 13y agoThat would be highly unusual. But it doesn't matter that much to me if it's true. We were simply talking about different thing when saying "seed". No harm done. http://www.investopedia.com/terms/s/seedcapital.asp http://www.investopedia.com/terms/s/seedcapital.asp