In this episode, Peter reads a few of your most pressing questions for a special pre-seed focused Data Minute Q&A.
Using information from the State of Pre-Seed: Q1 2024 report, Peter uses five charts to answer five questions related to pre-seed fundraising.
Learn about:
How pre-seed funding is faring in this market
SAFEs and convertible notes
Valuation caps and your business
You can access this data and more with our State of Pre-Seed: Q1 2024 report, which you can read here: https://carta.com/blog/state-of-pre-s...
Plus, if you want us to answer your question on the Data Minute, send us an email to dataminute@carta.com
Also, if you’re a pre-seed founder, you can start building your cap table and fundraise with SAFEs for free on Carta Launch. Learn more here: https://carta.com/launch
Chapters:
00:00 Intro
00:35 How is pre-seed funding faring in this venture capital downturn?
01:24 What sorts of instruments are pre-seed founders fundraising on?
02:11 What kind of SAFE should I use?
03:43 What are the key terms of a SAFE that I need to understand?
04:51 What valuation cap should I choose for my business?
06:26 Final thoughts
This presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2024 eShares, Inc., dba Carta, Inc. All rights reserved.
The Data Minute