Understanding the Risks of VC Signaling
Both Sides of the Table
APRIL 3, 2010
We used the Y Combinator open source term sheet. They don’t mind being the lead investor on deals that they seeded. In my first deal we took angel money in the seed round (from 2 angels) and an early-stage co-investor in the A round. We offered them more : $750k-1 million. We took the $500k.
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