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Hello Rob, institutional money And what is the definition of this one ? :) Won't TinySeed be institutional after funding businesses ? Or are you saying tha
by ttoinou 8y ago
Hello Rob,
institutional money
And what is the definition of this one ? :) Won't TinySeed be institutional after funding businesses ?
Or are you saying that TinySeed will be a social platform for connecting angel investors to boot-strappers ?
- rwalling 8y agoOh, Good question. Technically we will be institutional, but not by the traditional definition that implies a series A, B, C, etc. then an IPO or large liquidity event. With a valuation north of $100M, etc. The typical "Unicorn" play where 1 startup returns 100x the fund so all companies backed need to have that potential. TinySeed will be able to back companies with smaller aspirations, but that are much more likely to succeed, and don't aspire to get on the funding treadmill of raising every 18 months.
- ttoinou 8y agoAlright thanks for the explanation. Are you focused on USA ?