2min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

How Did You Structure the First Deal?

A, we just pa the shares, like a gameson the specific percentage of the company. O, so it's not inconvertible note,. You actually have a valuation, and you sold them a number. Sa, for five k. I see. Ok, i guess then the right question is, most folks are doing these presd rounds. It like a five to ten million dollar valuation. Whre serve in that range? A, no, slit slightly lasin fatme. No. Fair enough. And then i guess, why let this oand was he very strategic, or what's the story? Well, i originally i met him when i was a attempty tem

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