Remove Leadership Remove Management Remove Option Pool Remove Revenue
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Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

In these cases the caps can easily diverge from the true number at which a company could raise sufficient equity to provide at least 18 months of runway with no revenue (a normal VC round).

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When The VC Asks: About Your Hiring Plan

Hunter Walker

Pitch decks usually have a set of expected milestones – features, number of customers, city launches, revenue run rate, etc – that this funding round is intended to accomplish over an estimated time frame. A bloated org full of fancy titles and layers of management? That’s not healthy for a startup.

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