Knowledge Question ❓
Medial founders are you drawing salary from Seed fund ?
1. Is it allowed ?
2. If yes, how it is communicated to VCs ?
3. How do you decide the salary amount ?
Niket Raj Dwivedi
This new seed stage startup is offering me 30% less salary and ESOP’s worth 2x my annual comp saying that it will explode 10x in the next round? Sould I take it or pass?
Do you believe founders should draw a salary? If yes, why and when?
1 replies3 likes
Pankaj Joshi
Stealth • 4m
Your job is to draw new round. New money.
VCs are neither interested in any success anymore. Nor problem solving startups.
Look at Ai wrapper startups.
EleFant raises $750K in seed round
EleFant, a mobile app-based toy Library, has raised Rs 6 crore (about $750K) in its seed round co-led by Venture Catalysts, Malpani Ventures with participation from several notable investors and family offices.
0 replies4 likes
Harsh Dwivedi
•
Medial • 1m
Mira Murari, parting ways from OpenAI knowing very well she will raise more than 1 billion dollars in her seed round.
6 replies5 likes
Raunak Prem
Stealth • 7m
How should I approach the investers for seed round plz help
5 replies2 likes
Suprodip Bhattacharya
Stealth • 2m
What valuation do you think a startup should get in pre seed round? And what is the standard rate?