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The $100M Seed Round Is Now Normal. Here's Why That's a Problem.

Seed rounds that would have been Series B checks five years ago are becoming the baseline for certain categories. We break down the inflation driving pre-product valuations to the moon — and who gets hurt.

Michael KaufmanMichael Kaufman·

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Seed rounds that would have been Series B checks five years ago are becoming the baseline for certain categories. We break down the inflation driving pre-product valuations to the moon — and who gets hurt.

Something has shifted in early-stage venture. The round sizes that defined Series B five years ago are now the entry ticket for certain categories at the seed stage.

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Michael Kaufman

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Michael Kaufman

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