The Silliness Of Recapping Seed Rounds
Feld Thoughts
JULY 14, 2015
The first release is underwhelming, but they iterate aggressively, with feedback and support from some of their angel investors. One of their angel investors, who happens to be a VC firm, decides to invest another $500,000 in the company. So they recapitalize the company. The product gets a lot better.
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