I’m stalwart enough in my leftism that anything that corpos love makes me question it immediately. I’ve nothing inherent against immigrants/refugees who come here through the (very flawed) process or even those who don’t but come here, integrate, and then contribute/participate positively within the communities they immigrate to.
However, the H1B shit just seems to a) exploit minorities/immigrants while holding their visa over their head (dems shouldn’t like this based on their principles) while b) outsources jobs that could likely be given to existing, qualified citizens (republicans shouldn’t this based on their principles), c) all to ultimately benefit a corporation’s quarterly earnings.
I dislike Trump as much as the next guy but I don’t currently have an issue with him obliterating the H1B program.
Startup founder that has no seed (venture capital) money yet, e.g. they haven’t gone through a funding round yet. They’re funding the startup with their own money to start off.
Sometimes it’s their own money saved up from a successful career (less likely), sometimes it’s parents money (more likely), sometimes it’s an actual business loan.
In her case it seems like one of the first two because she went to a very expensive university and has had pretty decent jobs in the tech industry since then.
Much as I hate AI being put into everything just to get funding (and I have no idea if it was thrown in there as a buzzword or if she actually believes AI can improve things), it seems she’s trying to get more people into lifting weights via the product they’re making, so that’s cool at least. Should keep half an eye on it just for fun.
Basically yeah. But when it comes to startups, actually making something of value is optional. Hell, I know people who have had legitimately good ideas with working proof of concept, but have struggled to get funding because when it comes to venture capital, the main test is one’s ability to peddle the right kind of bullshit.
In startup land there are various named rounds of funding:
Pre-seed
Seed
Series A
Series B
etc…
Pre-seed means you don’t really have any investors and don’t have an equity system set up. You’re just somehow supporting yourself while trying to get your initial idea/demo/deck together.
Seed means that an investor (typically called angels) has given you enough money to live on while you develop things to the point that you’re presenting to actual VCs.
It sounds like a founder before they got a first seed round of investment, which usually leads to those first seed investors labelling themselves as “founders” too, so trying to differentiate with like “(co)-founded the business before we had external capital, e.g. did actual work instead of buying my way in.”
That being said though, generally in my experience the more someone talks about being a “founder” the less they actually did beyond secure funding and blabber on about “vision” and “product” while others did the real work.
Wtf is a “pre-seed founder”?
I’m stalwart enough in my leftism that anything that corpos love makes me question it immediately. I’ve nothing inherent against immigrants/refugees who come here through the (very flawed) process or even those who don’t but come here, integrate, and then contribute/participate positively within the communities they immigrate to.
However, the H1B shit just seems to a) exploit minorities/immigrants while holding their visa over their head (dems shouldn’t like this based on their principles) while b) outsources jobs that could likely be given to existing, qualified citizens (republicans shouldn’t this based on their principles), c) all to ultimately benefit a corporation’s quarterly earnings.
I dislike Trump as much as the next guy but I don’t currently have an issue with him obliterating the H1B program.
it’s before you nut money
Startup founder that has no seed (venture capital) money yet, e.g. they haven’t gone through a funding round yet. They’re funding the startup with their own money to start off.
“Their own money” being small business loans often from the Bank of Mom and Pop more realistically.
Depends, but definitely highly possible.
Sometimes it’s their own money saved up from a successful career (less likely), sometimes it’s parents money (more likely), sometimes it’s an actual business loan.
In her case it seems like one of the first two because she went to a very expensive university and has had pretty decent jobs in the tech industry since then.
Much as I hate AI being put into everything just to get funding (and I have no idea if it was thrown in there as a buzzword or if she actually believes AI can improve things), it seems she’s trying to get more people into lifting weights via the product they’re making, so that’s cool at least. Should keep half an eye on it just for fun.
Preseeding is making a new product, this is before / to get funding.
A shitposter of capitalism with an idea and nothing else in other words.
Basically yeah. But when it comes to startups, actually making something of value is optional. Hell, I know people who have had legitimately good ideas with working proof of concept, but have struggled to get funding because when it comes to venture capital, the main test is one’s ability to peddle the right kind of bullshit.
A pre-seed founder is like precum. It doesn’t amount to anything worthwhile to show for
Until it does …
In startup land there are various named rounds of funding:
Pre-seed means you don’t really have any investors and don’t have an equity system set up. You’re just somehow supporting yourself while trying to get your initial idea/demo/deck together.
Seed means that an investor (typically called angels) has given you enough money to live on while you develop things to the point that you’re presenting to actual VCs.
Lmao consider me pre-seed then, where’s my money lmao.
“Pre-seed tech entrepreneur” is going right onto my CV.
Series D: it could be going really good… or it could be going really bad. Either way, you need cash.
Like a few other things, it could have been good if done intelligently.
100k is the right line for tech. But we always need medical.
They’re just going to exempt big tech anyway. And people who are here completely legitimately shouldn’t have to worry, but they do.
If you switch companies, still in the US, you are going to need a new H1B so…
My dumb ass thought this was about the lube marketed to couples trying to have kids
Capital (money) investor. More like donation. That’s what I make of it – someone can correct me.
It sounds like a founder before they got a first seed round of investment, which usually leads to those first seed investors labelling themselves as “founders” too, so trying to differentiate with like “(co)-founded the business before we had external capital, e.g. did actual work instead of buying my way in.”
That being said though, generally in my experience the more someone talks about being a “founder” the less they actually did beyond secure funding and blabber on about “vision” and “product” while others did the real work.