The Silliness Of Recapping Seed Rounds
Feld Thoughts
JULY 14, 2015
The feedback is “come back when you’ve made more progress with customers.” When I made 40 seed investments between 1994 and 1996, I had a philosophy that I’d double down on a seed investment. The product gets a lot better. They go out to raise a Series A, but there are no takers.
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