inception rounds
2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Oct 27, 2023 by Ed Sim · across every show →
Everything said about inception rounds, oldest first
Oct 27, 2023 negative
Ed Sim: $30M to $50M inception rounds are bonkers and irrational
“I mean, as I said, I'm looking at the inception rounds, right? I laid out a framework from zero to zero to six, zero to eight, zero to 10. But you know, you're getting 30, 40, fifty million dollar, you know, inception rounds done. And I think it's just bonkers…”
Oct 27, 2023
Sim: Inception rounds split into discovery, classic, and Megatron jumbo tiers
“The point is the three rounds are, there's a discovery round, which my opinion is less than two million. So it's usually like maybe a first time founder exploring a new market. It would graduate to the next round, which would be a classic. And a classic round,…”