“So what?” you say. “That’s as it should be.“ Perhaps. But consider this: when I started in this business the Series A was the first money into a company. There was no revenue, there usually wasn’t even a product. When you had revenue you were a Series B company. Now, Series A is the new Series B.
“The Seed Round Is Dead” by Jerry Neumann
I have seen the same thing and quite frankly it is not healthy for our innovation economy. WIth VC’s taking on less risk, the truly innovative and impactful technologies may not have the runway necessary to succeed just on seed capital alone.
Source: reactionwheel.blogspot.com
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