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The Seed Rounds They Are a-Changin': Three Shifts We’ve Made to Homebrew Investment Model

Hunter Walker

My answer is, if it does, you’ve selected the wrong investors, which is a bigger problem. 3) We’ll Selectively Enter Post-Seed, If It’s Still the First Institutional Round. That was shortsighted and to be honest, I don’t even recall why we started with this assumption.

Cofounder 102
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The Secret History of Silicon Valley 11: The Rise of “Risk Capital.

Steve Blank

Whitney Company by writing a personal check for $5M and hiring Benno Schmidt as the first partner (Schmidt turned Whitney’s description of “private adventure capital&# into the term “venture capital”). set up companies to do just that – find and formalize investments in new and emerging industries. In 1946 Jock Whitney started J.H.