Ask HN: What is a typical cap during a pre-seed round?
What is a typical cap during a pre-seed round?
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Re:Ask HN: What is a typical cap during a pre-seed round?
by relaunched on Friday August 11, 2017 @09:09PM
(#14995753)
Pre-seeed? Friends and family or seed rounds are typically unpriced. It's convertible debt, with a discount and floor / ceiling on an eventual qualified / priced round.
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Re:Ask HN: What is a typical cap during a pre-seed round?
by JeffBrown on Saturday August 12, 2017 @01:48AM
(#14996655)
The smarter entrepreneurs and angels are using non-equity instruments like SAFE's or old school Convertible notes and letting later money set valuation.
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Re:Ask HN: What is a typical cap during a pre-seed round?
by HD134606c on Saturday August 12, 2017 @02:59AM
(#14996799)
Many (most?) safe's also have caps...
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