Martin Tobias (Pre-Seed VC) @MartinGTobias · 04 Sep 2026
The more important number is what % of each batch does a down or flat round next? In my experience it is a majority. To be sure I have invested in companies that kept going, but the premium is not earned across the board.
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Is that a lot?
2.43×vs this author's median1 576 views is typical
75Percentile for this authorof 8 recent posts
1.97×vs 10K–100K median1 948 views is typical
6.37%Reachviews ÷ followers
0.83%Engagement rateof viewers reacted