The words · · 1 min read

Board seats at pre-seed

You probably don’t need a board yet. You need two people who answer the phone.

A board at pre-seed is usually a formality that turns into a habit. Habits are hard to change at Series A.

If an investor asks for a seat this early, ask what they would do with it in the first year. The answer tells you a lot.

E. Brandt

Weiter.

  1. The words
  2. The numbers
  3. Your deck
  4. The pitch

Go deeper · The numbers

Cap table: three rounds, simulated

Change one assumption and watch the founders’ share move.

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Keep reading · The words

Vesting for founders

· 1 min read

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