No More Hustleporn: The End of “Industrial” Seed VC… (and return to the cottage industry it always was)
Tweet by sam lessin 🏴☠️
The End of “Industrial” Seed VC… (and return to the cottage industry it always was)
The idea of returning to pre-2010's seed investing seems nostalgic and appealing, but given how mature platforms are in scaling tech startups, the rewards for seed investing, even at an "industrial" scale, seem enough to carry things for a while.
i think it will putter out for 2-3 years yah, but look if the public market isn't demanding these companies, and private late stage folks aren't the house of cards on non-cashflow valuation comes down at some point soon