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?
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 • 2m
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 • 8m
How should I approach the investers for seed round plz help
5 replies2 likes
Suprodip Bhattacharya
Stealth • 3m
What valuation do you think a startup should get in pre seed round? And what is the standard rate?