3 ms·
I just think we need a new term besides "seed" to differentiate it from the true seed investments. I agree. I have been thinking about what to call an investme
by danieltillett 11y ago
I just think we need a new term besides "seed" to differentiate it from the true seed investments.
I agree. I have been thinking about what to call an investment at the concept stage. The obvious one is “seed bed” (you need a seed bed before you can plant a seed). The other is something combining founder and investor as any investor at the concept stage is really more a founder than an investor - festor doesn’t have quite the ring I would like though :)
- yousifa 11y agoI've been hearing pre-seed rounds (where seed today is what was an A 5 years ago), called "Angel rounds"
- jmorrow977 11y agoWhy not call it a "POC" (proof of concept) round, or "concept round", or "dice round"?
- danieltillett 11y agoConcept round sounds really good. I am stealing it :)
- jmorrow977 11y agoCommenting a long while after the thread was active, but... there's no reason we couldn't rename other rounds too. The seed round could be the "traction round" and the Series A-Z rounds would be the "scale rounds". Before you have traction, you basically just have a concept, so you have a "concept round".