Another example why Inception Investing is not pre-seed or seed - proof points?
True Inception rounds all about engaging w/founders well b4 they incorporate
leading rds at company formation. There is no product. No customers. No traction. It’s the founders opportunity.
Founders, I know super confusing - not all pre-seed seed do true inception investing despite round names many multi-stage firms also Inception invest
We need to get new list of folks who do this to make it clearer, who lead these rounds on people opportunity
“Investors Set Higher Bar For Seed Capital” WSJ Pro
wsj.com/articles/pro-take-ve…