We are increasing the size of our investments from US $150,000 for 10% to be between US $150,000 and US $500,000 for roughly 10%. Other than the amount, there’s no changes to the investment. We still invest the full amount upon admission and are admitting companies on a rolling basis.
Companies who qualify for the US $500,000 will typically have more than US $1M in ARR, are growing 5% to 7% weekly and may have previously raised from other investors.
We still expect the bulk of our investments to be on very early stage companies at US $150,000 but want the flexibility to invest in slightly later stage companies. In the past, we have been unable to work with founders, who wanted to work with us and we wanted to work with them, purely because of the investment amount.