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Tiered Valuation Caps

Austin Startup

However, there are circumstances in which founders know there are potential serious milestones on the short-term horizon that would dramatically influence valuation, but they need to close their seed money now. Convertible notes and SAFEs are optimally designed for providing this kind of valuation flexibility.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

” Mike Maples of Floodgate Fund may have the most Darwinian take on it all — always a surprise delivered in his warm, folksy Andy Griffith-like Texas accent. “That’s independent of how much money VCs have or how many companies funded. . “That’s just keeping the plates spinning.” Open Sesame!