Hippoland

JANUARY 23, 2018

It will be hard to raise a pre-seed round through traditional methods If you are raising money through traditional methods (such as with angels / micro VCs / VCs) via a convertible note or convertible security or equity deal, it will be a lot harder to raise pre-seed money in 2018. The market had definitely shifted. Cons: Slow.

Early Stage 48

Early Stage Convertible Security Seed Stage SEC 48

Hippoland

JANUARY 23, 2018

It will be hard to raise a pre-seed round through traditional methods If you are raising money through traditional methods (such as with angels / micro VCs / VCs) via a convertible note or convertible security or equity deal, it will be a lot harder to raise pre-seed money in 2018. The market had definitely shifted. Cons: Slow.

Early Stage 48

Early Stage Convertible Security Seed Stage SEC 48

Hippoland

MAY 16, 2018

I put “equity” in quotes because I include convertible notes and convertible securities in this category.) Just in general, given how cheap it is to start a company and how few pre-seed investors there are, I think it makes sense to bootstrap to some level of revenue traction before fundraising.

Seed Stage 48

Seed Stage Valuation Equity Convertible Security 48

Hippoland

MAY 16, 2018

I put “equity” in quotes because I include convertible notes and convertible securities in this category.) Just in general, given how cheap it is to start a company and how few pre-seed investors there are, I think it makes sense to bootstrap to some level of revenue traction before fundraising.

Seed Stage 48

Seed Stage Valuation Equity Convertible Security 48

Hippoland

AUGUST 31, 2018

And/or getting your first set of customers. And companies typically have $2m-$3m revenue runrate at this point. 4) Lastly, with the definition of “seed” expanding, more fundraising is done on convertible notes or convertible securities. It could be building an early version of the product.

Pre-Money Valuation 90

Pre-Money Valuation Valuation Silicon Valley Early Stage 90

Hippoland

AUGUST 31, 2018

And/or getting your first set of customers. And companies typically have $2m-$3m revenue runrate at this point. 4) Lastly, with the definition of “seed” expanding, more fundraising is done on convertible notes or convertible securities. It could be building an early version of the product.

Pre-Money Valuation 48

Pre-Money Valuation Valuation Silicon Valley Early Stage 48