State of the Seed Market in 2017
Yes, all nice data, but $400,000 is, sorry &#x27;bout that, no matter what it&#x27;s called, is not appropriately called a <i>seed</i> round.<p>Let me guess:  The usual criteria are all the first technical work done, <i>traction</i> significant, and <i>traction</i> growing rapidly.  That&#x27;s not planting or watering <i>seeds</i>; instead, that&#x27;s a sapling or small tree.<p>Indeed, for a Web site, costs can be so low that by the time there is significant traction, there is plenty of ad revenue for rapid organic growth and no equity investment needed.<p>A useful <i>seed</i> round could be $50,000 or even $20,000 except for the legal and BoD expenses!