Replying to Avatar david

If you look at low time preference funds I and II, according to https://ten31.vc/funds:

LTM 1 deployed $5M for 12 companies

LTM 2 deployed $125M for 28 companies

So those investments per company (my calculations) comes to $400k (fund 1) and $4.5M (fund 2) per company — pretty hefty numbers!

(pre-seed through series B are all lumped together; idk the breakdown)

Also check out nostr:npub1sn0q3zptdcm8qh8ktyhwtrnr9htwpykav8qnryhusr9mcr9ustxqe4tr2x ‘s Recursive Capital, early stage bitcoin VC fund in Africa

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And Ten31 has two funds that are currently open to prospective investors

https://ten31.vc/funds