Have you ever seen a founder ask a VC to lower the valuation from a term sheet?
-
Yeah - noted it was 2x higher than the remainder of the round (said investor tried to get in post close) and went for a smaller increase (5-10m premium instead of 25+), largely to avoid a) being shitty and b)setting an unrealistic floor for the next round
yo how's that 25k top up going by the way? wondering how you think about rolling so many of them (50+ now) on a progressively higher cap while still negotiating these larger shifts on your 50k topups
