PrancingPotato
PrancingPotato

PeakXV holds over 21% of Grapevine

This platform is now gonna scale, but isn’t 21% too much? Thoughts pls.

Post image
17mo ago
Talking product sense with Aditi
9 min AI interview5 questions
Round 1 by Grapevine
MagicalKoala
MagicalKoala

Congratulations Team Grapevine

BubblyBoba
BubblyBoba

no, thats par for the course in seed rounds, big institutional VCs like to atleast get >15% stake, otherwise the math doesnt work out for them.

Roughly at a 12.5M valuation, that puts their check size at ~3M, which is Peak’s average size as well.

PeppyPretzel
PeppyPretzel

A key question for me is if the user data/identity safe?