The Pre-Seed FAQ
OCTOBER 10, 2017
They talk about how deal sizes and stages were changing even back then. If it doesn’t have the product fully baked yet? A Seed round today — like the Series A round of yesteryear — requires some kind of traction or product. They shouldn’t even be looking for a fully built product. Pre-Seed financing is typically used to accomplish two things: build a team, and build an initial product and prototype. Q: How are most Pre-Seed deals structured?