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The Pre-Seed FAQ

K9 Ventures

I’ve been an avid reader of Dan’s Term Sheet while he was at Fortune , and now Pro Rata at Axios. Seed is the new Series A. (~$2M used get for building product, establishing product-market fit and early revenue). 6M-$15M used to scale customer acquisition and revenue). Q: How are most Pre-Seed deals structured?

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Piercing the Corporate Veil of Sweat Equity

grasshopperherder.com

As such, you should make sure to think of the proposals as an investor and get a reasonable term sheet. I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. Which country’s laws does the corporate entity operate under? If you think I’m wrong, awesome.