venturecapital

Would you consider investing in a startup if there is a super early investor (angel), who invested at a super low valuation, wants to sell the rights on his SAFE (partially) to seed investors. Reason: just issue with a personal liquidity.

Would you still consider investing in it or skip? Why?

chief intern @uncutsapp & uncutsxyz.twitter

Genart collector. Tinkerer. Investor. Crypto maximalist. Nomadic traveler w/ my wife and 3 kids. Experimenting w/ evergreen content at /sydneys-place

The previous financing issue makes sense. 

Bigger than that is what is the idea, who is the team, what is the traction?

Building something new. Host: /venturecapital /adventures /theitinerant

Hmm, thank you for the reply. I thought it would be a huge red flag

300 $DEGEN

So many other variables to consider but this wouldn't be a deal breaker on its own.

coder / founder / investor Founding partner @FirstStarVC 

Loves: AI/ML, data, Bitcoin, climate, techbio, coffee, and pie.

For the right team, not a problem at all. We’ve done this when there was an angel the founders wanted off their cap table.

Do want to make sure the price is fair and there’s enough equity for the founders and team given the stage of the startup.

As a VC, I see it depends on many other factors. But agree with you, its a red flag