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How the pre-seed round made a comeback in 2024

VC Cafe

A founder asked me what makes a $2M round “pre-seed”? And why do we still sometimes hear about pre-seed rounds that look more like a series A in pricing and size? What’s the difference between an angel round and pre-seed round and why do I believe we’ll see more pre-seed rounds taking place in 2024?

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How’s Venture Capital Changing in 2023

VC Cafe

Most founders reported (in several different surveys) that knowledge and belief in their industry/sector and personal connection is one of the key reasons they would choose one investor over another. See the recent reports by Frontline Ventures and Creandum on what makes founders choose one offer over another.

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2023 Global Venture Reports were Gloomy, but there are reasons to be optimistic

VC Cafe

And not a particular sector, but AI startups, in particular generative AI attracted close to $50 billion in funding last year, globally. Most of that funding went to foundational models like OpenAI, Anthropic and Inflection AI which collectively raised $18 billion in 2023. Generative AI is game changer.

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