Baukunst

“One of the reasons that I rarely invest in beauty is because we have a hundred million dollar fund. And the way that we think about returns for our fund is we want the opportunity for every company that we invest in to have the opportunity to return our whole …”

“After the show, Kate talked to her partners at Baukunst, and indeed, this one was too far out of their scope, on two axes. FinTech, they do not do, and at a fifteen million dollar price, they'd need to write a much larger check than the one million Kelsey had …”

“But my guess is this gets done At 12, 15, and it's, like, at 12, 15, and that makes sense, given where they're at, the fact that they did a pre-seed, but also just, like, the data”

“Baukunst passed on Jungle.”

“I would look to lead this with something like 1.25 million at a 10 post, just because that's often where the valuation threshold is for us with the deals that we like to do.”

“So we can flex our check up to two million. That's our biggest investment.”

“We typically lead rounds like this with somewhere between 750 K and 1.5 million. That's really in the sweet spot for us.”

“I work in a partnership, so I have three partners, but I would be very excited to jump into diligence, and my investment would be, I would say, at least a million. I would rather do 1.25, if you'd be open to taking more. I'd even go 1.5 if you would be willing…”

“Baukunst doesn't really do small checks. They're either leading your entire round and investing millions, or they're out.”