Seed Round

The first institutional round, usually the first priced round, raised to get from a product to evidence that people want it. Sizes and valuations move with the cycle; the constant is what the money is for. Before it sits pre-seed, often raised on SAFEs from angels; after it sits a Series A, which is raised on evidence the seed money produced.

Where Seed Round comes up

Cap Tables, Dilution and the Option PoolEvery term that sounds like a price is an instruction about this table. Learn to redraw it by hand and most of the technical questions in a venture interview answer themselves.Read the guide — 13 min Liquidation Preferences and Preferred Stock, ExplainedOwnership is a fraction. A preference is a choice. Every instrument a venture investor holds is a different rule for making it, and the exit value decides which way it goes.Read the guide — 13 min

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The venture capital hub

Related Venture Capital terms

Follow-On Reserves Series A Fund Returner Bridge Round Power Law (Venture Returns)Burn Rate and Runway

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