The Data Minute cover image

The Data Minute

How many checks should founders expect in their pre-seed round? | Dave Anderson (GP at Beat Ventures)

Apr 15, 2024
GP at Beat Ventures, Dave Anderson, discusses fundraising market data with Peter Walker. Highlights include number of checks in SAFEs, valuation caps in California vs. other states, founders returning to cluster cities, premium for companies in accelerators.
34:07

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Average founders should plan to raise multiple individual checks in their first SAFE round.
  • California-based early-stage companies often secure funding at higher valuation caps than those in other states due to unique market dynamics.

Deep dives

Unique Position in the Startup Ecosystem

The podcast discusses the unique position of Carda Inc. within the US startup ecosystem, focusing on their insights and data-driven approach. It highlights the challenges faced by startups and investors in the past two years, emphasizing the importance of support during difficult market conditions.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner