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0 pointsKye2mo ago0 comments

I don't have the background to make sense of it easily, but the lead for the round publishes its term sheet details: https://www.byfounders.vc/insights/term-sheet-guide

There might be some insight in there as to why they invested knowing lock-in wasn't on the table.

0 comments

So no monetization strategy that doesn't warrant 10x returns?

KyeOP2mo ago

10x returns is a meme. It's not a global standard.

Not a meme, but since there is no monetization strategy it is less likely going to be a 10x exit.

j / k navigate · click thread line to collapse

So no monetization strategy that doesn't warrant 10x returns?

KyeOP2mo ago

10x returns is a meme. It's not a global standard.

Not a meme, but since there is no monetization strategy it is less likely going to be a 10x exit.

j / k navigate · click thread line to collapse