← Back
Rob Walling August 29, 2022 10m

Seed Funding for Startups - Everything You Need To Know

Read full transcript 7 segments
  1. in this video i cover everything you in this video i cover everything you need to know about seed funding for need to know about seed funding for need to know about seed funding for startups i'm going to talk through it startups i'm going to talk through it startups i'm going to talk through it from an entrepreneur's perspective from an entrepreneur's perspective from an entrepreneur's perspective you're going to learn how to navigate it you're going to learn how to navigate it you're going to learn how to navigate it when you should consider it and when to when you should consider it and when to when you should consider it and when to avoid it and if you stick around to the avoid it and if you stick around to the avoid it and if you stick around to the end of the video you'll hear one of the end of the video you'll hear one of the end of the video you'll hear one of the biggest mistakes i've seen early stage biggest mistakes i've seen early stage biggest mistakes i've seen early stage founders make with seed funding i'm rob founders make with seed funding i'm rob founders make with seed funding i'm rob walling a startup founder with multiple walling a startup founder with multiple walling a startup founder with multiple exits author of three books about exits author of three books about exits author of three books about building startups and an investor in building startups and an investor in building startups and an investor in more than 100 companies i want to start more than 100 companies i want to start more than 100 companies i want to start by defining seed because seed and i'm by defining seed because seed and i'm by defining seed because seed and i'm making air quotes down here the making air quotes down here the making air quotes down here the definition of that has changed over the definition of that has changed over the definition of that has changed over the years years years seed rounds didn't even really exist seed rounds didn't even really exist seed rounds didn't even really exist until the last let's say 10 or 15 years until the last let's say 10 or 15 years until the last let's say 10 or 15 years but for the purposes of this video i'm but for the purposes of this video i'm but for the purposes of this video i'm going to talk about a seed round vaguely going to talk about a seed round vaguely going to talk about a seed round vaguely as the first round that you raise it's a as the first round that you raise it's a as the first round that you raise it's a fluid term it means different things to fluid term it means different things to fluid term it means different things to different investors and it changes over different investors and it changes over different investors and it changes over time now once you start raising five or time now once you start raising five or time now once you start raising five or ten million dollars that's what we call ten million dollars that's what we call ten million dollars that's what we call it a series a i think everything before it a series a i think everything before it a series a i think everything before that can safely be called a seed round that can safely be called a seed round that can safely be called a seed round what about an accelerator round you know what about an accelerator round you know what about an accelerator round you know what if you take money from y combinator what if you take money from y combinator what if you take money from y combinator or the accelerator i run called tiny or the accelerator i run called tiny or the accelerator i run called tiny seed is that a seed round i think for seed is that a seed round i think for seed is that a seed round i think for the purposes of this video it is and the purposes of this video it is and the purposes of this video it is and those rounds are in the low six figures those rounds are in the low six figures those rounds are in the low six figures so i think we'll lump all of that in so i think we'll lump all of that in so i think we'll lump all of that in normally if i were to get super normally if i were to get super normally if i were to get super technical with it there'd be a pre-seed technical with it there'd be a pre-seed technical with it there'd be a pre-seed and a seed and a series a depending on and a seed and a series a depending on and a seed and a series a depending on how you do it but that gives you a how you do it but that gives you a how you do it but that gives you a general idea of really how you know general idea of really how you know general idea of really how you know maybe complex these terms actually are maybe complex these terms actually are maybe complex these terms actually are and how fluid they are but with that in and how fluid they are but with that in and how fluid they are but with that in mind let's talk about why should you mind let's talk about why should you mind let's talk about why should you think about raising funds at all and think about raising funds at all and think about raising funds at all and there's something that i've said many there's something that i've said many there's something that i've said many times which is in your personal life times which is in your personal life times which is in your personal life money can save you hours because you can money can save you hours because you can money can save you hours because you can have someone go do grocery shopping for have someone go do grocery shopping for have someone go do grocery shopping for you or cooking or mow your lawn take you or cooking or mow your lawn take you or cooking or mow your lawn take your dry cleaning in your business your dry cleaning in your business your dry cleaning in your business money saves you years what i mean by

  2. money saves you years what i mean by money saves you years what i mean by that is raising funding allows you to that is raising funding allows you to that is raising funding allows you to move faster i heard one founder say it move faster i heard one founder say it move faster i heard one founder say it allows me to live in the future because allows me to live in the future because allows me to live in the future because i'm hiring ahead of my revenue and that i'm hiring ahead of my revenue and that i'm hiring ahead of my revenue and that is the most common use for funding in is the most common use for funding in is the most common use for funding in startups is hiring right it's to startups is hiring right it's to startups is hiring right it's to accelerate your product velocity it's to accelerate your product velocity it's to accelerate your product velocity it's to accelerate your marketing and your sales accelerate your marketing and your sales accelerate your marketing and your sales efforts and usually you do that by efforts and usually you do that by efforts and usually you do that by hiring people with that said i have a hiring people with that said i have a hiring people with that said i have a mental model around funding and you may mental model around funding and you may mental model around funding and you may have heard of the 80 20 rule which is 80 have heard of the 80 20 rule which is 80 have heard of the 80 20 rule which is 80 of the results you get from 20 percent of the results you get from 20 percent of the results you get from 20 percent your whatevers your whatevers your whatevers i have the 1990 rule where i think of i have the 1990 rule where i think of i have the 1990 rule where i think of all the tech startups in the world that all the tech startups in the world that all the tech startups in the world that are going to be high growth and should are going to be high growth and should are going to be high growth and should even consider raising some kind of even consider raising some kind of even consider raising some kind of funding i think around one percent of funding i think around one percent of funding i think around one percent of them should consider and go after them should consider and go after them should consider and go after venture capital and i think around nine venture capital and i think around nine venture capital and i think around nine percent should consider or go after what percent should consider or go after what percent should consider or go after what i'm calling indie funding and seed i'm calling indie funding and seed i'm calling indie funding and seed rounds i'll define indie funding in just rounds i'll define indie funding in just rounds i'll define indie funding in just a second but i think a seed round a second but i think a seed round a second but i think a seed round without the expectation of raising without the expectation of raising without the expectation of raising venture later is actually quite helpful venture later is actually quite helpful venture later is actually quite helpful for a lot of companies and then i think for a lot of companies and then i think for a lot of companies and then i think 90 percent of companies should probably 90 percent of companies should probably 90 percent of companies should probably bootstrap so that's my one 990 model bootstrap so that's my one 990 model bootstrap so that's my one 990 model another reason to raise funding that a another reason to raise funding that a another reason to raise funding that a lot of founders don't realize or a lot lot of founders don't realize or a lot lot of founders don't realize or a lot of people don't talk about is with of people don't talk about is with of people don't talk about is with funding oftentimes you can get good funding oftentimes you can get good funding oftentimes you can get good advice from them you can get mentorship advice from them you can get mentorship advice from them you can get mentorship you can build out your network and even you can build out your network and even you can build out your network and even have a community of other founders have a community of other founders have a community of other founders who've been funded by that same fund or who've been funded by that same fund or who've been funded by that same fund or by that same investor i mentioned by that same investor i mentioned by that same investor i mentioned earlier that i run an accelerator it's earlier that i run an accelerator it's earlier that i run an accelerator it's for bootstrap sass founders and i would for bootstrap sass founders and i would for bootstrap sass founders and i would estimate about three quarters of the estimate about three quarters of the estimate about three quarters of the founders who apply to tinyseed tell us founders who apply to tinyseed tell us founders who apply to tinyseed tell us they don't do it for the money they say they don't do it for the money they say they don't do it for the money they say we don't need the money but we're doing we don't need the money but we're doing we don't need the money but we're doing it for the mentorship the advice the it for the mentorship the advice the it for the mentorship the advice the community the guidance people who have

  3. community the guidance people who have community the guidance people who have been there and done that before us and been there and done that before us and been there and done that before us and can help us navigate these waters can help us navigate these waters can help us navigate these waters because you know when someone is doing because you know when someone is doing because you know when someone is doing 40 or 50 000 a month and they apply to 40 or 50 000 a month and they apply to 40 or 50 000 a month and they apply to an accelerator they probably don't need an accelerator they probably don't need an accelerator they probably don't need that money but realistically the advice that money but realistically the advice that money but realistically the advice and the guidance and the mentorship and and the guidance and the mentorship and and the guidance and the mentorship and the community is so much more important the community is so much more important the community is so much more important for that now let's talk about when you for that now let's talk about when you for that now let's talk about when you should consider raising a seed round should consider raising a seed round should consider raising a seed round there are a few steps build a product there are a few steps build a product there are a few steps build a product get some traction the amount of traction get some traction the amount of traction get some traction the amount of traction varies widely from investor to investor varies widely from investor to investor varies widely from investor to investor but in general if you don't have but in general if you don't have but in general if you don't have traction you haven't done much you traction you haven't done much you traction you haven't done much you haven't proven to investors haven't proven to investors haven't proven to investors that you can ship product and that you that you can ship product and that you that you can ship product and that you can sell and market because you need to can sell and market because you need to can sell and market because you need to show people that the idea is valid and show people that the idea is valid and show people that the idea is valid and you need to show people that you are a you need to show people that you are a you need to show people that you are a founder who gets things done and the way founder who gets things done and the way founder who gets things done and the way you do this is by shipping features by you do this is by shipping features by you do this is by shipping features by marketing and selling a product and marketing and selling a product and marketing and selling a product and growing your business until you've done growing your business until you've done growing your business until you've done that you just don't have much and that that you just don't have much and that that you just don't have much and that ties into the quote you've heard me say ties into the quote you've heard me say ties into the quote you've heard me say on this channel before build your on this channel before build your on this channel before build your business instead of your slide deck business instead of your slide deck business instead of your slide deck build that business get your monthly build that business get your monthly build that business get your monthly recurring revenue up get people paying recurring revenue up get people paying recurring revenue up get people paying you because that tells you because that tells you because that tells such an easy story if you're growing such an easy story if you're growing such an easy story if you're growing from one month to the next it's so easy from one month to the next it's so easy from one month to the next it's so easy to then build that slide deck later and to then build that slide deck later and to then build that slide deck later and say look this is our mrr graph i mean say look this is our mrr graph i mean say look this is our mrr graph i mean that alone that alone that alone is what a lot of investors look at in is what a lot of investors look at in is what a lot of investors look at in addition to market dynamics and addition to market dynamics and addition to market dynamics and realistically growing revenue month over realistically growing revenue month over realistically growing revenue month over month is absolutely the best way to get month is absolutely the best way to get month is absolutely the best way to get the attention of investors and so the attention of investors and so the attention of investors and so wrapping up this thought of when should wrapping up this thought of when should wrapping up this thought of when should you raise a seed round i mentioned get you raise a seed round i mentioned get you raise a seed round i mentioned get some traction but it varies based on some traction but it varies based on some traction but it varies based on investor we at tinyc require 500 mrr to investor we at tinyc require 500 mrr to investor we at tinyc require 500 mrr to apply and we have funded some slightly apply and we have funded some slightly apply and we have funded some slightly below a thousand but usually you know below a thousand but usually you know below a thousand but usually you know the majority of our companies are in the majority of our companies are in the majority of our companies are in that 2000 mrr up into the 30s 40s and 50

  4. that 2000 mrr up into the 30s 40s and 50 that 2000 mrr up into the 30s 40s and 50 000 a month it's a pretty broad range 000 a month it's a pretty broad range 000 a month it's a pretty broad range and some investors may want you to be and some investors may want you to be and some investors may want you to be further along on that and they want to further along on that and they want to further along on that and they want to invest at a higher valuation there's a invest at a higher valuation there's a invest at a higher valuation there's a lot of seed investors that if you build lot of seed investors that if you build lot of seed investors that if you build a business to ten thousand dollars a a business to ten thousand dollars a a business to ten thousand dollars a month and you're growing well i don't month and you're growing well i don't month and you're growing well i don't think you're gonna have a terrible time think you're gonna have a terrible time think you're gonna have a terrible time going out and trying to raise funds as going out and trying to raise funds as going out and trying to raise funds as long as it's not a really hard economic long as it's not a really hard economic long as it's not a really hard economic time now one thing to keep in mind is time now one thing to keep in mind is time now one thing to keep in mind is the type of investor that gives you the type of investor that gives you the type of investor that gives you money influences what kind of outcome money influences what kind of outcome money influences what kind of outcome they want and what they will push you to they want and what they will push you to they want and what they will push you to do so angels friends and family do so angels friends and family do so angels friends and family sometimes they're motivated heavily by sometimes they're motivated heavily by sometimes they're motivated heavily by money and sometimes they want to just money and sometimes they want to just money and sometimes they want to just support you and they want to give back support you and they want to give back support you and they want to give back and so they're not going to put a bunch and so they're not going to put a bunch and so they're not going to put a bunch of pressure on you to grow quickly of pressure on you to grow quickly of pressure on you to grow quickly traditional venture capital pretty much traditional venture capital pretty much traditional venture capital pretty much always wants a moonshot they want a always wants a moonshot they want a always wants a moonshot they want a billion dollar deck a billion dollar billion dollar deck a billion dollar billion dollar deck a billion dollar evaluation and so if you build a evaluation and so if you build a evaluation and so if you build a business to 10 or 20 million dollars business to 10 or 20 million dollars business to 10 or 20 million dollars it's a failure to them if that's not it's a failure to them if that's not it's a failure to them if that's not what you want to do go after the billion what you want to do go after the billion what you want to do go after the billion or 10 billion probably not a good idea or 10 billion probably not a good idea or 10 billion probably not a good idea to take traditional venture and to take traditional venture and to take traditional venture and separately there's this movement of separately there's this movement of separately there's this movement of indie funding i mentioned it earlier indie funding i mentioned it earlier indie funding i mentioned it earlier it's funding that allows you to not have it's funding that allows you to not have it's funding that allows you to not have to go after the moonshot and to not lose to go after the moonshot and to not lose to go after the moonshot and to not lose control of your company chinese the control of your company chinese the control of your company chinese the accelerator i run is indy funding accelerator i run is indy funding accelerator i run is indy funding indie.bc was the first institutional indie.bc was the first institutional indie.bc was the first institutional money that i had ever seen invest and money that i had ever seen invest and money that i had ever seen invest and there are a few others there are also there are a few others there are also there are a few others there are also angels out there when i put investors angels out there when i put investors angels out there when i put investors into the indie funding bucket it's into the indie funding bucket it's into the indie funding bucket it's usually that they don't have the usually that they don't have the usually that they don't have the expectation that you need to have this expectation that you need to have this expectation that you need to have this massive outcome and they can make money massive outcome and they can make money massive outcome and they can make money and return money to their investors if and return money to their investors if and return money to their investors if you sell for 20 30 40 million rather you sell for 20 30 40 million rather you sell for 20 30 40 million rather than in the billions in addition many than in the billions in addition many than in the billions in addition many indie funding sources are okay if you indie funding sources are okay if you indie funding sources are okay if you want to run the business for long term want to run the business for long term want to run the business for long term and pull out profits and this is a newer and pull out profits and this is a newer and pull out profits and this is a newer space i mean indie.bc i believe launched space i mean indie.bc i believe launched space i mean indie.bc i believe launched in 2016 tinyseed in 2018. so it's a a in 2016 tinyseed in 2018. so it's a a in 2016 tinyseed in 2018. so it's a a relatively new space compared to

  5. relatively new space compared to relatively new space compared to traditional venture capital but what i traditional venture capital but what i traditional venture capital but what i like is that it's expanding and it's like is that it's expanding and it's like is that it's expanding and it's giving more entrepreneurs access to giving more entrepreneurs access to giving more entrepreneurs access to capital and helps make the journey a capital and helps make the journey a capital and helps make the journey a little bit easier and it can save years little bit easier and it can save years little bit easier and it can save years when you have money into your business when you have money into your business when you have money into your business as i said my 1990 model if only one as i said my 1990 model if only one as i said my 1990 model if only one percent of startups should raise venture percent of startups should raise venture percent of startups should raise venture funding it's like what are the other 99 funding it's like what are the other 99 funding it's like what are the other 99 supposed to do and that's one of the supposed to do and that's one of the supposed to do and that's one of the great values i believe of the indie great values i believe of the indie great values i believe of the indie funding model something else to be aware funding model something else to be aware funding model something else to be aware of is even among the types of investors of is even among the types of investors of is even among the types of investors your valuation influences what kind of your valuation influences what kind of your valuation influences what kind of outcome you can go for so if you take a outcome you can go for so if you take a outcome you can go for so if you take a seed round at a 2 million valuation then seed round at a 2 million valuation then seed round at a 2 million valuation then the investors will probably be pretty the investors will probably be pretty the investors will probably be pretty stoked for a 20 million exit right stoked for a 20 million exit right stoked for a 20 million exit right because that's a 10x return on their because that's a 10x return on their because that's a 10x return on their money if you take money at a 20 million money if you take money at a 20 million money if you take money at a 20 million valuation they are probably not going to valuation they are probably not going to valuation they are probably not going to be stoked for a 20 million exit they're be stoked for a 20 million exit they're be stoked for a 20 million exit they're probably not going to be stoked for even probably not going to be stoked for even probably not going to be stoked for even a 40 or 50 million exit because a two a 40 or 50 million exit because a two a 40 or 50 million exit because a two and a half x return on an investor's and a half x return on an investor's and a half x return on an investor's money it isn't worth it for the risk money it isn't worth it for the risk money it isn't worth it for the risk because there's so much risk investing because there's so much risk investing because there's so much risk investing in startup you know the higher valuation in startup you know the higher valuation in startup you know the higher valuation comes with more strings attached and i i comes with more strings attached and i i comes with more strings attached and i i do think that some founders don't think do think that some founders don't think do think that some founders don't think that through that it can be advantageous that through that it can be advantageous that through that it can be advantageous to you if your goals are to sell at 20 to you if your goals are to sell at 20 to you if your goals are to sell at 20 or 30 million so take money at a lower or 30 million so take money at a lower or 30 million so take money at a lower valuation because that it then is a win valuation because that it then is a win valuation because that it then is a win for you and it's a win for the investors for you and it's a win for the investors for you and it's a win for the investors as well last thing is to beware of as well last thing is to beware of as well last thing is to beware of uncommon or founder unfriendly terms uncommon or founder unfriendly terms uncommon or founder unfriendly terms that can blow up your cap table selling that can blow up your cap table selling that can blow up your cap table selling equity in your company or raising a safe equity in your company or raising a safe equity in your company or raising a safe which is a y combinator note a promise which is a y combinator note a promise which is a y combinator note a promise of future equity usually these are of future equity usually these are of future equity usually these are relatively safe now that clauses can be relatively safe now that clauses can be relatively safe now that clauses can be added to them that make them more added to them that make them more added to them that make them more complicated you know if someone has a complicated you know if someone has a complicated you know if someone has a liquidation preference that's greater liquidation preference that's greater liquidation preference that's greater than 1x that's not great it means the than 1x that's not great it means the than 1x that's not great it means the the investor gets back more than their the investor gets back more than their the investor gets back more than their money money money when you sell the company and that you

  6. when you sell the company and that you when you sell the company and that you know that can be a tripping point we've know that can be a tripping point we've know that can be a tripping point we've also seen terms where an initial also seen terms where an initial also seen terms where an initial investor's investment expands and so investor's investment expands and so investor's investment expands and so they put in a hundred thousand dollars they put in a hundred thousand dollars they put in a hundred thousand dollars cash and that could turn into 300 000 of cash and that could turn into 300 000 of cash and that could turn into 300 000 of equity under certain occurrences and so equity under certain occurrences and so equity under certain occurrences and so they can own a substantially larger they can own a substantially larger they can own a substantially larger portion of your company than you want portion of your company than you want portion of your company than you want them to or than you expect it's them to or than you expect it's them to or than you expect it's unfortunate but there are some less unfortunate but there are some less unfortunate but there are some less common or some founder unfriendly terms common or some founder unfriendly terms common or some founder unfriendly terms and what you want to do is you need a and what you want to do is you need a and what you want to do is you need a lawyer to look at those and read through lawyer to look at those and read through lawyer to look at those and read through them as well i know there's a lot of them as well i know there's a lot of them as well i know there's a lot of legalese but you can at least get your legalese but you can at least get your legalese but you can at least get your head around some of the basic terms and head around some of the basic terms and head around some of the basic terms and if you use plain vanilla documents like if you use plain vanilla documents like if you use plain vanilla documents like a safe or just sell straight equity a safe or just sell straight equity a safe or just sell straight equity without you know added clauses that can without you know added clauses that can without you know added clauses that can be a way to mitigate that obviously i'm be a way to mitigate that obviously i'm be a way to mitigate that obviously i'm not a lawyer and you should talk to a not a lawyer and you should talk to a not a lawyer and you should talk to a lawyer if you are going to raise funds lawyer if you are going to raise funds lawyer if you are going to raise funds in a second i'm going to talk about one in a second i'm going to talk about one in a second i'm going to talk about one of the biggest mistakes i've seen early of the biggest mistakes i've seen early of the biggest mistakes i've seen early stage founders make with funding before stage founders make with funding before stage founders make with funding before i do that i wanted to mention tinyseat i do that i wanted to mention tinyseat i do that i wanted to mention tinyseat we are at tinyseed.com and we are the we are at tinyseed.com and we are the we are at tinyseed.com and we are the first and most respected accelerator for first and most respected accelerator for first and most respected accelerator for sas bootstrappers if you get to even 500 sas bootstrappers if you get to even 500 sas bootstrappers if you get to even 500 or a thousand dollars in mrr you should or a thousand dollars in mrr you should or a thousand dollars in mrr you should apply to tinyseed we have both an apply to tinyseed we have both an apply to tinyseed we have both an accelerator that runs in the us accelerator that runs in the us accelerator that runs in the us and in the europe regions as well as a and in the europe regions as well as a and in the europe regions as well as a syndicate that if you're further along syndicate that if you're further along syndicate that if you're further along let's say you're doing 50k mrr 100k mrr let's say you're doing 50k mrr 100k mrr let's say you're doing 50k mrr 100k mrr an accelerator may or may not be a fit an accelerator may or may not be a fit an accelerator may or may not be a fit for you but we have a syndicate of for you but we have a syndicate of for you but we have a syndicate of investors who are interested in investors who are interested in investors who are interested in investing under these indie terms which investing under these indie terms which investing under these indie terms which is where you don't have to become a is where you don't have to become a is where you don't have to become a unicorn to be a success check us out at unicorn to be a success check us out at unicorn to be a success check us out at tinyseed.com so the big mistake i tinyseed.com so the big mistake i tinyseed.com so the big mistake i mentioned earlier is a founder giving up mentioned earlier is a founder giving up mentioned earlier is a founder giving up too much equity too soon so for example too much equity too soon so for example too much equity too soon so for example don't give up 40 of your company for a don't give up 40 of your company for a don't give up 40 of your company for a hundred thousand dollars i've seen hundred thousand dollars i've seen hundred thousand dollars i've seen horror stories when the founder you know

  7. horror stories when the founder you know horror stories when the founder you know comes in and we're looking at their comes in and we're looking at their comes in and we're looking at their capitalization table the cap table and capitalization table the cap table and capitalization table the cap table and the founder owns less than 30 the founder owns less than 30 the founder owns less than 30 when the company's doing 5k a month that when the company's doing 5k a month that when the company's doing 5k a month that should never happen if you're raising should never happen if you're raising should never happen if you're raising funding a loose rule of thumb is sell funding a loose rule of thumb is sell funding a loose rule of thumb is sell between 10 and 20 between 10 and 20 between 10 and 20 of your company with each round so that of your company with each round so that of your company with each round so that maybe an accelerator round you sell maybe an accelerator round you sell maybe an accelerator round you sell around you know 10 or 12 percent then a around you know 10 or 12 percent then a around you know 10 or 12 percent then a seed or a pre-seed round 10 to 20 and seed or a pre-seed round 10 to 20 and seed or a pre-seed round 10 to 20 and then a series a and a series b if you're then a series a and a series b if you're then a series a and a series b if you're not gonna go on and raise the series not gonna go on and raise the series not gonna go on and raise the series from venture capitalist that's fine too from venture capitalist that's fine too from venture capitalist that's fine too but the idea of selling 40 of your but the idea of selling 40 of your but the idea of selling 40 of your company to an investor pretty tough it company to an investor pretty tough it company to an investor pretty tough it can wreck your cap table so badly that a can wreck your cap table so badly that a can wreck your cap table so badly that a there's not much upside for you and b there's not much upside for you and b there's not much upside for you and b no future investors will invest because no future investors will invest because no future investors will invest because what they don't want to do is put money what they don't want to do is put money what they don't want to do is put money into a company that you're working on into a company that you're working on into a company that you're working on you're not going to be super motivated you're not going to be super motivated you're not going to be super motivated to do it and some other investor who put to do it and some other investor who put to do it and some other investor who put in 100 200 000 in 100 200 000 in 100 200 000 years ago has the vast majority of the years ago has the vast majority of the years ago has the vast majority of the upside if you enjoyed this video i'd upside if you enjoyed this video i'd upside if you enjoyed this video i'd love it if you'd hit the like button and love it if you'd hit the like button and love it if you'd hit the like button and subscribe to the channel we have videos subscribe to the channel we have videos subscribe to the channel we have videos like this coming out every week this was like this coming out every week this was like this coming out every week this was seed funding for startups we're covering seed funding for startups we're covering seed funding for startups we're covering marketing approaches how to grow your marketing approaches how to grow your marketing approaches how to grow your sas company everything you need to know sas company everything you need to know sas company everything you need to know to succeed in sas see in the next video [Music] [Music] you

Summary

This video explores seed funding for startups from an entrepreneur's viewpoint, defining it as the first round of investment and differentiating it from Series A. It emphasizes that money in business, unlike personal life, can save years by allowing founders to hire ahead of revenue and accelerate product development, marketing, and sales efforts.

View original episode ↗