By Andy Gordon I came across a blog post this week titled “Why Seed Investing Is Kind of a Sucker Bet.” The headline raised my hackles. I’ve been investing in seed-stage companies for a while now. What was author Jason Lemkin saying?
Once I read it, I realized it wasn’t the screed against seed investing I was expecting. Instead, Lemkin tries to make the case that investing later in Series A and Series B rounds is better than investing earlier in seed rounds.
Mostly because, he says, those rounds are bigger. Investors put up more money and buy more shares. Instead of winding up with …read more
