Sublime

First Round Capital’s PMF framework consists of four levels: nascent, developing, strong, extreme

1. Level one: Nascent product-market fit. Likely a pre-seed or seed-stage company. The goal in this stage is to find three to five customers with a problem worth solving, engage with them, deliver a solution, and validate that solution. [examples: Vanta, L

... See more

Almost immediately, I raised $1.1M from an all-star cast of angel investors and venture capital firms, including Max Levchin, Chris Sacca, Ron Conway, Naval Ravikant, Collaborative Fund, Accel Partners, and First Round Capital. A few months later, in May 2012, we raised $7M more. Mike Abbott from Kleiner Perkins Caufield & Byers (KPCB), a top-t... See more

UpEquity - latest YC batch.

ma Capital ($100k) Sequoia Arc (Variable) a16z Speedrun ($750k) LAUNCH ($125k for 7%)

2. About slide: value proposition to founders, achievements and fund differentiators 

Loom sold for $975MM Here's a side-by-side comparison of their pre-seed and seed pitch decks: https://t.co/8bO67wdVYs

Every year, Naval, Nivi, and Brian, through Spearhead, give up to $1 million to 30 founders; the founders then use the money to invest in friends

Introducing Embedded Intelligence - and a $10M seed from General Catalyst, Valor, SV Angel & Others https://t.co/riRnTEWiM3