Anatomy of a VC "seed program" (and you)
vcwithme.co/2015/07/23/anatomy-of-a-vc-seed-program-and-you
From the page
Saved with the link. Notes from 2007 to 2016 are mostly the page's own words, so this is probably an excerpt.
Seed investing is different than any other stage of investing. Unlike Series A, B, C, D etc… there is little to no history of milestones, numbers, customers, references, etc to evidence an investment decision. Further, many of the seed “milestones” of the past like MVP, product launch, first customers are no longer strong evidence. In…