K9 Ventures
OCTOBER 10, 2017
Typically, Pre-Seed rounds are less than $1M in aggregate capital raised. Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people. Q: How are most Pre-Seed deals structured?
Cracking the Code
OCTOBER 10, 2008
Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. To understand when the business has started to climb the sales learning curve and is in a position to hire more reps profitably, you have to think in terms of CMRR instead of bookings.
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