I was talking about recent seed rounds with a friend the other day, discussing how they seemed to be inflating in size, with many creeping up to $10M of initial capital in. I’ll save any judgment, but this is an increasing departure from traditional seed round sizes. My sense is that most founders don’t target these higher amounts from the jump — they still set out to raise $2M - $3M seeds, but there’s now a wider variance in outcomes of where those rounds land. Internally, we call this “the round on the cover,” which can end up differing from the final amount that appears in TechCrunch, often bubbling up far beyond the initial proposal.
The round on the cover
The round on the cover
The round on the cover
I was talking about recent seed rounds with a friend the other day, discussing how they seemed to be inflating in size, with many creeping up to $10M of initial capital in. I’ll save any judgment, but this is an increasing departure from traditional seed round sizes. My sense is that most founders don’t target these higher amounts from the jump — they still set out to raise $2M - $3M seeds, but there’s now a wider variance in outcomes of where those rounds land. Internally, we call this “the round on the cover,” which can end up differing from the final amount that appears in TechCrunch, often bubbling up far beyond the initial proposal.