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August 17, 2013 07:00 pm GMT

Why Venture Will Abandon Seed Investing

roadFive years ago, I noticed a growing gap between angel and ventureinvesting. Venture was getting bigger and writing bigger checks,while angel checks were getting smaller and their process was becoming morecumbersome. Since it had also become exponentially easier to launch aweb, and later mobile business, entrepreneurs had ideas that needed amillion dollars or less to launch, but no clear path to funding. Thisgap which I and a few other early adopters wanted to fill is nowcalled seed investing.

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