What’s the best way to do your seed extension?

Semil Shah (General Partner at Haystack)
Navigating The Gap Between Seed And Series A (2016 Version) – Haywire

Speed Kills. Have a decent deal on the table? Close it. Shopping it is dangerous, if not done carefully. Yes, you will meet investors who may view the opportunity as predatory, or bargain shopping, but the last 5-6 years of valuations have been tremendous, so it’s still better than before 2008-09, relatively speaking.

Semil Shah (General Partner at Haystack)
Navigating The Gap Between Seed And Series A (2016 Version) – Haywire

What About Price? I advise 90% of all extensions I see to raise “flat” to the last price or cap. This is hard because from the founder POV, they see all the progress they’ve made; from the investor POV, they’re looking for real growth. Usually in a gap round scenario, the new investors have to take on some serious market risk