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The Pre-Seed FAQ

K9 Ventures

Typically, Pre-Seed rounds are less than $1M in aggregate capital raised. Well, enter the Pre-Seed round, where the startup raises closer to $500K. Likewise in startups, companies need to work with the capital that is appropriate for their stage. Q: How are most Pre-Seed deals structured? Q: Is Pre-Seed a Thing?

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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

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.