Texts with Founders: Check Size Doesn't Matter
textswithfounders.substack.com · 837 words · saved by 1 readers
Forget minimum amounts and optimize for quality people
Welcome to Texts with Founders — tested tactics for early-stage startups. This free newsletter is designed to give an inside look at how I work with other founders. If you’re exploring starting a company take a look at the upcoming cohort of On Deck’s Founder Fellowship. One of the more common assumptions about fundraising is that you need to have a minimum check size. That minimum is often believed to be between $25k and $50k. I'm unsure why the concept of a minimum check size is so persistent. I suspect one reason might be that the belief is a holdover from an era when it cost…
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