Remove Entrepreneur Remove Networking Remove Seed Money Remove Southern California
article thumbnail

VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

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. And I’ve just completed my first seed deal of Ad.ly ($500k) with another exciting deal I hope to announce within 30 days.