The Silliness Of Recapping Seed Rounds
Feld Thoughts
JULY 14, 2015
The company spends the $1m building and launching their first product. The product gets a lot better. But in this cycle, I hadn’t seen it in a seed round. When I made 40 seed investments between 1994 and 1996, I had a philosophy that I’d double down on a seed investment.
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