Berman: Lead investor negotiated SendSonar valuation cap down to $5M
Matthew Berman · How To Get Your First 100 Customers with Matthew Bernman EP 201 · Mar 10, 2016 · at 5:06
SendSonar co-founder Matthew Berman details the valuation cap negotiations during the company's seed round.
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“So we actually started at six and then when our lead investor came on board, we negotiated or they negotiated, I should say, and we actually finalized it at five.”
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