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Forget Angels, Try Your Parents or Piggy Bank – The Accelerators – WSJ

Campus Entrepreneurship

My team at Duke University worked with Raj Aggarwal of University of Akron and Krisztina Holly at the University of Southern California to research the backgrounds of 549 entrepreneurs whose companies had made it past the begging-for-seed-money stage and were generating real revenue.

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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.