“Having an insane website with a gorgeous aesthetic ... as if you're like Series D, but really you're Seed, is the way to do it at Seed”
“Large funds... somewhat being indifferent to seed valuations because they're using that as an option check.”
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 20VC: Is Seed Investing Dead Without a $1BN Fund? | Does Ownership and Price Matter When Companies Can Be $1TRN Exits | Are AI Revenue Numbers Real and What to Watch Out For with Venky Ganesan, Menlo Ventures
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What was described
State that seed rounds are still viable but large funds are indifferent to seed valuations because they treat them as option checks
Said nearby on the same subject
“All the interns get seed checks.”
“We discovered the mashata varieties were the ones that actually survived the squash vine borers… we started the seed side… we have the seeds… people want them”
“We raised our first round $2 million pre-seed in 30 days on a strategy. 30 days. Yeah, it was pretty quick.”
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