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Why LP’s Passed on Seed Funds 10 Years Ago (And What’s Happened Since)

View from Seed

In turn, some funds have a more friendly posture towards us and try to structure deals that incentive syndicate investors in a way that doesn’t massively disadvantage the seed investors. We help surface seed companies to them and typically don’t compete against them for new rounds or for follow-on dollars.

Dilution 399
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Pari Passu or F.U.little guy

Professor VC

As regular readers of this blog know, I''m not a fan of convertible deals to begin with, and it is difficult for me to internalize how value in the company has been created in the two weeks a cap goes from $3 million to $5 million. AngelList (which I remain a big fan) also recently launched a syndicate program.

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ProfessorVC: How much is enough?

Professor VC

We managed to pull together an angel syndicate and close $450K on 9/30 after working the phones the last few days and anxiously waiting for signature pages to show up on the fax machine and wire confirms to hit the bank account. Blog Archive. My Blog List. As I said up front, I have mixed emotions about the financing.