Duncan Davidson, Founding Partner at Bullpen Capital, shared his views of a Post Seed World at Splash Oakland. Basically, Post Seed represents the gap between the new seed round of about $1.2 million (median amount) and the Super Sized A round of $10 million and $12 million. So how does a startup get to the new seed and the new A? Enter Post Seed Funds, like Bullpen, willing to invest about $2 million, post seed.
Here are his slides.
(Editor's note: Vator, along with Bullpen and Venture51 will be hosting the inaugural Post Seed conference, which will take place Nov. 18 at Fort Mason. The event, much like Venture Shift, will focus on the future of venture capital and startup financing. Register for early-bird tickets here.)