AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1
socalTECH
APRIL 19, 2017
reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 According to AmplifyLA , the number of seed deals dropped to 27 in the quarter, down from 32 from Q4, and--making a grim quarter even worse--the average seed size declined to only $1.9M raised, from $2.8M
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