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by moralestapia 108 days ago
Not to nitpick but to expand, many funding deals (pretty much all above 100M) are structured like that.

You'll never get a billion dollar check from anyone.

I've even seen startups raise like 500k pre-seed with tranches in it, lmao!

2 comments

nit: I think you mean tranches
Whoops, typo. Thanks!
*tranche