Founder to Founder (F2F) Board

Co-founder & CEO of a Pre-seed Logistics in 🇩🇪 Germany.

A $400k check wants a board seat and an observer. At pre-seed.

Our round is $800k. A small fund offered to take half of it — first institutional yes after four months of nos, and I nearly cried on the call. Then the draft terms arrived: one of three board seats, plus a board observer seat for one of th…