Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)
View from Seed
JANUARY 13, 2021
The objection goes something like this: “yes, I can see rookie founders turning to you for a seed round. But won’t all good founders go to established firms that raise series A’s out of the gate?”. First, the winners in most portfolios don’t often have a true recap round. Our response was that this might happen.
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