View from Seed

OCTOBER 24, 2019

Most series A’s in B2B require a minimum level of top line revenue and a minimum amount of historical data to prove retention and some sort of repeatable growth engine. There are always exceptions, on both the positive and negative side, and many companies really shouldn’t be raising venture capital at all.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

View from Seed

JANUARY 27, 2021

Thirteen of these 15 companies were seeded pre-revenue, and many were at concept stage or had rudimentary early products. But we also recognize that venture capital is a tough bet as an LP -with long time horizons, lack of liquidity, and uncertain outcomes. We will never take it for granted.

LP 411

LP Early Stage Seed Stage Venture Capital 411

View from Seed

SEPTEMBER 4, 2018

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. Belief #1: The best time to invest is early. And by early, we mean pre-traction. Of the last 15 investments we’ve made, 8 have been pre-product or pre-seed style rounds.

North America 120

North America Seed Stage Early Stage Lead Investor 120

View from Seed

MARCH 29, 2018

Outside of life-sciences, we’ve noticed something interesting emerging: There is a huge dearth of seed capital for health care services and software-driven health-tech companies. The seed ecosystem for health companies is much less robust than in traditional software.

Vertical 120

Vertical Stealth Portfolio Seed Capital 120

View from Seed

MARCH 26, 2015

So it’s natural now for founders to raise a smaller “pre-seed” round prior to the full seed to get the company going and to attract seed venture capital beyond angels. Depending on the business, step function progress might be an early prototype launched, a revenue threshold, or expansion from one to many cities.

Seed Capital 120

Seed Capital Institutional Investors Venture Capital Partner 120