Re:Focus Is Saying No to Good Ideas
by jll29 on Wednesday October 19, 2022 @04:02AM
(#33259057)
$20k is not worth bothering for a VC (if that is all you need, get a bank loan or "FFF" round - friends, family & fools). $1m might.
[ Parent
| on HN ]
Depends on the country I guess.
Are there countries where VCs are writing $20K checks? That seems like an incredible amount of overhead for them to bother/for it to be worthwhile to them.
Are there countries where VCs are writing $20K checks?
Most of Europe.
Terminology matters. VCs are absolutely not writing €20k checks in Europe. Angel investors are.
Some VCs blend the line between angel and VC (often the angels are on the board/involved with various VCs).