Founder, VC, writer, mom. 📝 @fortunemagazine @fastcompany @techcrunch. I invest to change the @nasdaq for my daughters. Pura vida 🇨🇷
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Jul 5, 2023 • 9 tweets • 2 min read
A few preseed founders have asked me what valuation they should aim for recently.
Everyone is still hoping for $10M post or better, and it is hard for me to advise anyone to aim “lower”.
But the reality is that this market is BRUTAL. So here’s what I’ve been saying:
1. I’m seeing pre seed rounds as low as $3M post at idea stage, $6M post with substantial traction (like $150k ARR).
Apr 8, 2021 • 14 tweets • 3 min read
So you want to start angel investing?
It's more accessible than you think. But there's also a lot of snake oil out there.
Here's 4 steps to start angel investing sustainably, strategically, and with a higher likelihood of generating a good outcome:
🧵
1. Set a budget.
Angel / VC investments are high risk / high return. That means there's a high chance you'll lose what you invested, and a small chance you'll make a LOT of money. Kind of like a lottery.
Would you spend tons of money on the lottery? Probably not.
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