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Typically, Pre-Seed rounds are less than $1M in aggregate capital raised. Yes, the infrastructure is cheap (to start), but the human costs have gone up dramatically. Series C/D is the new Mezzanine. Q: What amount of financing is considered Pre-Seed? Between $500K – $750K is probably the sweet-spot for a Pre-Seed round.
If you don’t want to read that post, the summary is: Open source computing drove computing costs down 90%, which spurred innovation in technology. Open cloud led by Amazon with their AWS services drove total operating costs down by 90%. This led to an explosion in startups. The Explosion in Early-Stage Innovation.
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