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The Pre-Seed FAQ

K9 Ventures

Typically, Pre-Seed rounds are less than $1M in aggregate capital raised. If it doesn’t have the product fully baked yet? A Seed round today — like the Series A round of yesteryear — requires some kind of traction or product. They shouldn’t even be looking for a fully built product. Q: Is Pre-Seed a Thing?

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

Cracking the Code

Like SaaS products themselves, we now intend for these laws to be periodically refined through major releases to reflect the changing landscape of the SaaS world. Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand.