VC Seed Funding is Dead, Long Live VC Seed Funding!
Both Sides of the Table
OCTOBER 17, 2009
So they set up seed programs that allowed for rapid decisions for $500k or less, often done as convertible debt for both speed and cost reasons. I told entrepreneurs that it was a bit of a Faustian bargain. I do think you need to be careful with funds that have done 20-30 seeds deals in fairly rapid succession.
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