Liquidation Preference Operations Partner Seed Capital 
K9 Ventures
JUNE 5, 2015
So while the infrastructure cost and startup costs may have declined, the operating costs have increased. Together this means that Seed stage companies need to run longer and at a higher expense structure, meaning they need to raise a lot more capital. Adding partners and staff, starts to give a false sense of scale.
Growthink Blog
MAY 23, 2011
With this seed capital – more often than not totaling between $100,000 and $1,000,000 - the company accomplishes a number of key technical milestones, gets a beta customer or two, and then goes on a "road show" to venture capitalists around the country for capital to “scale” the business. Venture capitalists Cut Tough Deals.
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