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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.
Re:Focus Is Saying No to Good Ideas by danwee on Wednesday October 19, 2022 @05:27AM (#33259598)
Depends on the country I guess.
Re:Focus Is Saying No to Good Ideas by sokoloff on Wednesday October 19, 2022 @08:41AM (#33261267)
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.
Re:Focus Is Saying No to Good Ideas by dagw on Wednesday October 19, 2022 @09:17AM (#33261686)
Are there countries where VCs are writing $20K checks?

Most of Europe.

Re:Focus Is Saying No to Good Ideas by terryf on Wednesday October 19, 2022 @11:28AM (#33263630)
Terminology matters. VCs are absolutely not writing €20k checks in Europe. Angel investors are.
Re:Focus Is Saying No to Good Ideas by bombcar on Wednesday October 19, 2022 @11:32AM (#33263687)
Some VCs blend the line between angel and VC (often the angels are on the board/involved with various VCs).
Re:Focus Is Saying No to Good Ideas by jongjong on Wednesday October 19, 2022 @09:14AM (#33261648)
That particular VC was on the board of directors of an incubator program which did small $20K rounds.