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This Week in VC with @VCMike Hirshland of Polaris Ventures

Both Sides of the Table

He says they are just as selective on seed investments as they are in later stage deals. And Mike believes that entrepreneurs often need less capital to get started these days. Current round: $8.5mm Series-C led by Jafco Ventures with DCM , Emergence Capital, and August Capital participating.

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

“I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. I IM and DM and SMS.

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