Seed Rounds Should Be More Expensive Than They Used To Be
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When I first started investing in startups (in 2012-2014ish) seed rounds used to be $500k-$1M at ~$5M pre. Sometimes lower, sometimes higher if it was a YC company or a well known founder. I can’t remember what Square’s seed round was done at, but I remember it being in the ~$20M range, and everyone thought that was crazy even though Jack had already co-founded Twitter.
Seed Rounds Should Be More Expensive Than They Used To Be
Seed Rounds Should Be More Expensive Than…
Seed Rounds Should Be More Expensive Than They Used To Be
When I first started investing in startups (in 2012-2014ish) seed rounds used to be $500k-$1M at ~$5M pre. Sometimes lower, sometimes higher if it was a YC company or a well known founder. I can’t remember what Square’s seed round was done at, but I remember it being in the ~$20M range, and everyone thought that was crazy even though Jack had already co-founded Twitter.