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10-20k might not sound like much compared to $10million, but remember that was the total amount raised, so any one investment is likely around 500k. Sorry for t
by harmegido 12y ago
10-20k might not sound like much compared to $10million, but remember that was the total amount raised, so any one investment is likely around 500k. Sorry for taking your post a bit too literally, but 10-20k then represents an added cost of 2-4% (or more if your investment isn't that much).
I guess my point is that if you have 100 investments, you would maximize returns by balancing return on investment with cost of investment.
From the skeptical posts here, it sounds like that 10-20k (or whatever sum) may have been worth it in this case, but in general it probably is not.
- jamiequint 12y agoThat's not how Series A rounds work. The lead very likely took at least $5m of the $10m round.