PrancingPotato
PeakXV holds over 21% of Grapevine
This platform is now gonna scale, but isn’t 21% too much? Thoughts pls.
21mo ago
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MagicalKoala
Stealth21mo
Congratulations Team Grapevine
BubblyBoba
Stealth21mo
no, thats par for the course in seed rounds, big institutional VCs like to atleast get >15% stake, otherwise the math doesnt work out for them.
Roughly at a 12.5M valuation, that puts their check size at ~3M, which is Peak’s average size as well.
PeppyPretzel
Career Break21mo
A key question for me is if the user data/identity safe?
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by QuirkyNuggetProduct Owner
Grapevine funding analysis
Did sequoia have an ownership target? How does your team and you feel post the funding? What can we expect as a next step? How soon will the monetisation bug kick in?
https://entrackr.com/2023/10/exclusive-peak-xv-acquires-over-21-stake...