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kibayesterday at 6:09 PM1 replyview on HN

What is a preseed round? You guys don't "make" money when the ROI is primarily about funding long term maintenance of open source projects.


Replies

kvinogradovyesterday at 6:15 PM

"Preseed round" is just the small funding when the project is a very early stage. We expect to raise more funding when the endowment matures. There is no ROI, it is a pure charity.