>> why not just wait until A otherwise 1) For a VC: more performance info / better access to the A. 2) For an angel: most angels won't have access to the A, s

>> why not just wait until A otherwise 1) For a VC: more performance info / better access to the A. 2) For an angel: most angels won't have access to the A, so seed rounds are their chance to invest early in a potentially VC track company.