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Dan Romero
@dwr.eth
What’s a question you have about fundraising?
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Marissa
@marissaposner
How much do you consider valuation when raising? Obviously you guys got a great val in the end but how much did that factor in to your decision to go with certain investors over others?
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Dan Romero
@dwr.eth
Generally start with: 1. How much you want to raise (18 months + buffer) 2. How much dilution you’re willing to take (a lot of entrepreneurs over optimize on this) 3. Valuation comes out of that
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Marissa
@marissaposner
How did you get to the final number for Merkle Manufactory? Because currently the team is quite small and I'm sure you have much more than a couple years of runway even.
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