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Why Has Seed Investing Declined? And What Does This Mean for the Future?
- ttul 8y ago“Traditional VCs have raised larger funds that allow them to pay slightly higher prices and still hit preferred ownership sizes.” Corollary: funds will offer large secondaries to small firms - buying back founders and early investors - in order to deploy enough money to make the investment metrics make sense for their large fund.
- mathattack 8y agoMark Suster writes great data-driven commentaries on VC.