FirstMoney.In
Venture Capital & Private Equity - Daly City, California, United States
FirstMoney.In Employees
FirstMoney.In Details
FirstMoney.In (1st$n) is a venture capital program for startups—designed to provide the first investor money into never-before-funded companies, especially those led by founders who identify as Women, BIPOC, and/or LGBTQ+. All startups are welcome and encouraged to apply.While most venture capital requires founders to sell a large stake to investors, the 1st$n deal is purposely modest and as simple as possible. The program uses a standard deal: a $5,000 investment with a capped company valuation of $2.5 million dollars on a SAFE: Valuation Cap, no Discount. 1st$n is not affiliated with Y Combinator in any way, but the program uses their verbatim SAFE document for the financing agreement.
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