Remove Cofounder Remove Later Stage Remove Seed Money Remove Social Network
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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? Did I mention it only took the founder a month? Most founders that get funded know their backers or have close connections to them well before they officially "pitch.".

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This Week in VC with @VCMike Hirshland of Polaris Ventures

Both Sides of the Table

So how is Mike able to do this at a time where others have warned against taking seed money from VC funds? Simple: according to Mike Polaris has followed on nearly every seed investment that they’ve done. He says they are just as selective on seed investments as they are in later stage deals.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

But at a macro level, widespread failure this early is far less painful than if it came at later stages. “I wouldn’t expect anyone except seed investors to complain about it,” Graham says. “Founders don’t think their problems are due to trends. The stakes for everyone are lower. Sarah Lacy.