This is great! I always thought the $150k was too much of a runway. It allowed the poor startups to limp along for too long.
And besides, the real value from these investments isn't the money, it is the mindshare you get with the VCs. This will help make that mindshare greater.
And besides, the real value from these investments isn't the money, it is the mindshare you get with the VCs. This will help make that mindshare greater.