I agree with everything in @jasonfreedman’s outstanding blog post about raising seed capital in today’s environment. I urge all seed stage entrepreneurs to give it a thorough read.
As Jason says, no investor should begrudge entrepreneurs for a strong fundraise in an attractive early stage financing market — but keep some perspective, this is a long game, and you can’t win it today at your seed stage financing.
I wasn’t able to make the YCombinator demo day this time due to a board meeting. But For context of what I’m talking about, let me anonymize and share a representative email exchange from the previous demo day:
On Wed, Aug 24, 2011 at 1:24 PM, Josh Hannah <email@example.com> wrote:
Impressive presentation and interesting business. Would love to learn
more, if you’d be up for a meeting?
We’d definitely love to talk! We’ll look … Read More »