Bawas: Brainboard raised pre-seed round at over $4M pre-money valuation
Shafik Bawas · How to Sell $50k Contracts on Day 1 of your Startup · Mar 7, 2022 · at 4:06
Brainboard founder Shafik Bawas discusses the valuation cap on the startup's initial round of outside capital.
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“And we, yeah, the valuation it's more than four million.”
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More from Shafik Bawas
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“They know that if you do YC, it's like you have more chance to succeed in the business. Then when you do it alone and in, in Europe.”
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“You know, we got a, we were based in France and we got a system in France, you know, when you work for more than six years, you can take like two years off and you got all 60%, something like that of your salary. So we took advantage of that. We used it to fen…”
Brainboard's pre-seed investors supported the company joining Y Combinator
“They're comfortable with it. I mean, the investors we have, they already know the systems like you know, our context is we are in France. It's a French company and a lot of companies from France move to the U S and do YC.”
Bawas: Brainboard customers pay $12,000 to $15,000 per month on average
“The average company is between 12 and 15 K a month.”