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Sharp Elbows Among Seed VCs

View from Seed

Many of us in the seed stage ecosystem have noticed a shift in the way seed rounds are coming together. Historically, seed rounds were syndicated among several different firms. Today, we are seeing less syndication of seed rounds and sharper elbows among many of the funds in the market.

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Venture Outlook 2016

Both Sides of the Table

I spoke last week at the annual Cendana VC/LP conference. And what many people don’t realize is that most syndicates get what is known as “deal-by-deal” carry. If you’d like to follow me there my FB profile is here ]. The platforms often get free carry.

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