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NexLabs • 21d
Just ended a meeting with a VC (I think he was more of an Angel) who offered me $20K for 30% while my ask has been $600k 😬 Politely denied it. $20K for 30% is a complete lowball, especially for a startup with: a working playable build, AI data capture in progress, a clear vision and roadmap, and even early investor conversations happening. For context: $20K for 30% values my company at around $65K pre-money ~ that’s “idea on a napkin” level, not a functioning prototype with traction potential. Interesting Monday playing Startup-Startup.
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