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Seed rounds are dead

Hippoland

(I put “equity” in quotes because I include convertible notes and convertible securities in this category.) Part of this is driven by the fact that VCs who can buy into tokens for a while were spending a lot of time looking at token deals, removing some investors from the “equity market”. E.g. $200k on $3m.

article thumbnail

Seed rounds are dead

Hippoland

(I put “equity” in quotes because I include convertible notes and convertible securities in this category.) Part of this is driven by the fact that VCs who can buy into tokens for a while were spending a lot of time looking at token deals, removing some investors from the “equity market”. E.g. $200k on $3m.