Juggle is selling 20% equity for a $3M seed at $15M valuation
Arun Kumar · Zero to $1m in 12 Months, how he used personal brand to scale SaaS Fast · Aug 22, 2023 · at 16:22
Arun Kumar, founder of Juggle, breaks down the dilution and valuation terms for his SaaS company's seed round.
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“I'm diluting 20 percentage of my company for the three million bucks.”
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More from Arun Kumar
Kumar self-funded $800k into Juggle before acquiring a single customer
“If I can say close to 800,000 dollars.”
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“Owning a custom chat system with a task for 800 K, I think that is a brainer, no brainer for me personally.”
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“But we had under thousand last year, and this year we will be hitting one million.”
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“You know, you cannot judge by interview or you cannot judge by reading profile. You know, you have to hire them, take a risk of 30 days, 40 days, assign, see if they are compatible for your vision. That is the only way you can find the talent.”