
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
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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.
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