2009 2022 Funding Seed Funding 
Both Sides of the Table
SEPTEMBER 15, 2022
Probably not and 10x (May 2022) seems more in line with the historical trend (actually 10x is still high). Across more than 10 years we have kept the size of our Seed investments between $2–3.5 In 2009 we could take a long time to review a deal. discipline & focus. How Does the Industry Really Work?
Both Sides of the Table
JULY 26, 2022
The industry has obviously changed enormously in 2022 but in many ways it feels like a “return to normal” that we have seen many times in our industry. Considering that many of our funds are in the $200–300 million range, these returns were more meaningful than if we had raised billion dollar funds.
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