https://techcrunch.com/2019/01/10/why-pre-seed-is-not-just-a-stepchild-of-seed/

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Gaurav Jain is one of the founders of Afore Capital , a $47 million fund focused on pre-seed. He was also an early early product manager for Android. By now it’s clear that seed is the new Series A. Seed rounds have tripled in size and companies have been around for 2.4 years before they raise a seed round. A new stage called pre-seed has emerged to fill the gap. But many in the ecosystem equate investing at pre-seed to buying a lottery ticket. We disagree. We believe that with the right amount and type of diligence, an investor can build the same amount of conviction pre-traction that you need to make a Series A investment. Below are three core ways in which conducting diligence is entir... Full story

5 days ago, 10 January

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