3 ms·

That's an interesting claim! I will go see what I can see. As for a starting point, I'll probably dig around CB insights, pitchbook, angellist, and the Center

by ci5er 10y ago

That's an interesting claim! I will go see what I can see. As for a starting point, I'll probably dig around CB insights, pitchbook, angellist, and the Center for Venture Research at UNH (New Hampshire). Then go from there. If you are right, that's a very very interesting result.

logicallee 10y ago
all right! Definitely please don't include series A but personally I'm not sure whether I should consider kickstarter and co to be seed rounds - maybe? I am very curious about what you find in the sources you've already mentioned (without including series A rounds), though, and hope you will give an update!
- ci5er 10y ago
  I hadn't even thought of including kickstarter-and-friends, partly because the companies aren't selling equity. I'm not including any sort of corporate spin-out either. The lines have gotten so blurry compared to 20 years ago (entrepreneural creativity in action?), so sorting out the wheat and chaff is harder. More data - less definition.
  - logicallee 10y ago
    fair enough! I'll check this thread and see if you update it, if you do have time to look more :) Also if you'd like you can email me at the address in my profile, this thread is getting nested very deep.
  - ci5er 10y ago
    The thread is deep (as you say in this comment's sibling), so I will email the longer commentary... Briefly, most of the published analysis is top-down and less is bottom-up. People seem to bundle Seed+Series-A in most places. There's a lot of talk about medians without a deal-count. There are counts for numbers of deals with a size exceeding some threshold, but that doesn't give us what we're looking for. Here's a chart - US only: - https://files.pitchbook.com/images/Angel.Seed%20Activity.png https://files.pitchbook.com/images/Angel.Seed%20Activity.png At about a thousand deals at about a million bucks, that's bumping the $1B mark, but doesn't break $2B.

by ci5er 10y ago

logicallee 10y ago

all right! Definitely please don't include series A but personally I'm not sure whether I should consider kickstarter and co to be seed rounds - maybe? I am very curious about what you find in the sources you've already mentioned (without including series A rounds), though, and hope you will give an update!

ci5er 10y ago
I hadn't even thought of including kickstarter-and-friends, partly because the companies aren't selling equity. I'm not including any sort of corporate spin-out either. The lines have gotten so blurry compared to 20 years ago (entrepreneural creativity in action?), so sorting out the wheat and chaff is harder. More data - less definition.
- logicallee 10y ago
  fair enough! I'll check this thread and see if you update it, if you do have time to look more :) Also if you'd like you can email me at the address in my profile, this thread is getting nested very deep.
- ci5er 10y ago
  The thread is deep (as you say in this comment's sibling), so I will email the longer commentary... Briefly, most of the published analysis is top-down and less is bottom-up. People seem to bundle Seed+Series-A in most places. There's a lot of talk about medians without a deal-count. There are counts for numbers of deals with a size exceeding some threshold, but that doesn't give us what we're looking for. Here's a chart - US only: - https://files.pitchbook.com/images/Angel.Seed%20Activity.png https://files.pitchbook.com/images/Angel.Seed%20Activity.png At about a thousand deals at about a million bucks, that's bumping the $1B mark, but doesn't break $2B.