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The size of VC funds exploded in the past 3-4 years thanks to SoftBank. Raising 5 mil A round used to be a big deal, these days most seed rounds are around that
by m_ke 5y ago
The size of VC funds exploded in the past 3-4 years thanks to SoftBank. Raising 5 mil A round used to be a big deal, these days most seed rounds are around that and it's not hard to see A rounds in the 50mil range. It's much easier to cut yourself a larger check with so much money in the bank and it attracts a different type of crowd.
https://news.crunchbase.com/news/bigger-checks-days-to-close-how-2021s-red-hot-venture-funding-landscape-is-shaking-up-early-stage-investing/ https://news.crunchbase.com/news/bigger-checks-days-to-close...