Why Your Startup Should Skip the Seed Round
When enterprise cloud startups meet with us, one of the first questions we ask is: How much capital do you need?
The companies we meet with are typically pre-product with small teams, around two to 10 people. They almost invariably say they need a $2 million seed round, for the simple reason that, today, just about all seed rounds are $2 million.
Our next question is: What can you accomplish with $2 million? If they're honest, they'll say, "Not enough."
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by Idham Azhari
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