Comment Comment by NikxDa Looks like they significantly missed their goal. From Kagi's investment round invitation email:- SAFE note round with a valuation cap of $40MM (pre-money)- 249 investors maximum- We are looking to raise around $2MM from our users in this way ($5MM max)- Minimum investment amount per investor is $5,000, and maximum is $500,000.So the $670k they now raised are only about a third of what they were aiming for. parent NikxDa 3 years ago
- SAFE note round with a valuation cap of $40MM (pre-money)
- 249 investors maximum
- We are looking to raise around $2MM from our users in this way ($5MM max)
- Minimum investment amount per investor is $5,000, and maximum is $500,000.
So the $670k they now raised are only about a third of what they were aiming for.