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100 sats \ 4 replies \ @ab 12 Jul 2022 freebie \ parent \ on: Hey so SN raised a seed round meta
+1 on this, curious on the methodology for coming up with that number as well as how much of the company you sell to investors.
It’s median of seed stage according to angel’s list. I did get pushback. I wanted a 30m valuation.
I sell as much as I need to to get to the next stage of growth with a little padding. Put another way, I raise as much as I think I need without being super optimistic on growth.
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I should note that I have no idea what I'm doing. This is just what I decided to do. This is my thinking, not facts, and it might be terribly misguided.
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Thanks for the info! That is the best way to learn, just get out there and do it. I love the way you are going about this, the transparency is amazing and I think is the way a lot of startups will be operating in future.
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That's why you're going to be super successful @koob! Humility, curiosity and honesty are rare traits but necessary for a founder. Wishing you much success!
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