Your valuation can be constant throughout the round, or you can increase it in stages as the round increases. I wouldn’t recommend doing more than 2 valuations in a round. At SendHub our valuation was constant in both seed and series A, we only increased the amount we were raising as demand improved.

Pre-seed Investor. Email: ash@sterlingroad.com. B2B, US only. I work with founders for 3 months before investing. More info: http://SterlingRoad.com/process

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