Pre Seed Stage
topic on 2 shows · 2 statements across 2 episodes
the Startup Ideas Podcast 
20VC
2 statements about Pre Seed Stage, every show
Andy Ellwood says investors will never back pre-seed founders demanding $500K salaries
“They're like, yeah, but I need to be making half a million in, like, the pre-seed stage of the company. In order for this to work. And I'm like, well, that's just never going to happen. Like zero people will invest in that.”
Pre-seed CAC and LTV metrics are meaningless without seven-figure ad spend
“In general, I would agree with you that both the data around CAC and LTV is far too early at the pre-seed stage. I think until you've started to kind of push more than seven figures of scale between both the CAC and LTV metrics, you really don't know those num…”