Kunst: Cleo Capital targets US pre-seed valuations between $5M and $10M
Sarah Kunst · 20VC: Sarah Kunst on Why There Is Plenty Of Investor Money Still Available, The Megan Markle Effect and How It Impacts Hiring and Talent & Whether GP Commits Prevent Diversity and Inclusion · May 15, 2020 · at 13:14
Sarah Kunst, founder and Managing Director of Cleo Capital, outlines her investment pricing boundaries for early-stage US startup rounds.
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“Anything much lower than five million in the US for even a very early round, it's a little bit hard for me to understand and get excited about unless it's an accelerator, which is a very different way of giving away equity, because I worry that you're not going to have enough equity and runway long-term to be incentivized to run your company. And then anything much above 10, I start to get concerned”
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