Category Pre-seed

Pre-seed is sometimes like a high stakes game of Guess Who

Pre-seed is sometimes like a high stakes game of Guess Who

At the pre-seed stage, we’re often among the very first investors founders speak to. Sometimes there’s no deck yet. Often the product is still under wraps. And LinkedIn profiles are intentionally vague, as they should be. That’s not a bug,…

Why “Funding-Contingent co-Founders” are a Non-Starter

Why "Funding-Contingent co-Founders" are a Non-Starter"

Founder: “I’ve got it. The gap in the market everyone missed. With the new Agentic AI workflows, we can automate the entire middle-ware layer. It’s a billion-dollar play.” Me: “The architecture sounds solid. Who’s building it? Where’s your CTO?” Founder:…

A Fundraising Conversation I Have Almost Every Week

"A Fundraising Conversation I Have Almost Every Week"

Founder: “We’re pre-revenue, pre-MVP… and we’re raising $5M.” Me (VC): “Got it. I’m a pre-seed investor, so I’m probably not the right fit at that check size. If you decide to raise less, I’d be happy to take a look.”…

The State of Seed and Pre-Seed in 2025: Bigger Bets, Leaner Teams, and the AI Distortion Field

State of Seed 2025 VC Cafe

If 2023 and 2024 were defined by correction and caution, 2025 is shaping up to be the year of concentration. 50% of all the venture capital raised in 2025 went to 1% of the companies… and as you may have…