Concurred with @0xCTMC ’s point that seed and Series A funding round doesn’t necessarily need to be very high; secondary markets will price the project fairly over time, and launching at a lower FDV benefits participants with no access to primary markets. From my perspective anywhere between 15-25M FDV for seed and 50-100M for Series A, depending on traction and market conditions, seems fair (5% seed, 7.5% Series A would be a fundraise of 4.5-8.75M USD)
B
brianpeng
@brianpeng