But the reporting doesn't match with what investors actually experienced in 2020.
"I'd disagree that it was decline. That's not what we saw on the market," Masha Drokova, the single general partner at her firm, Day One Ventures, said. "We had probably 20x increase in inbound deal flow compared to 2019." The reason for the discrepancy, some said, is that the seed deals are actually getting bigger, so much so, that they no longer fit the classic definition of seed rounds. And so they are being "rebranded," with new a name.For years, we've been hearing "seed is the new Series A," as supersized first financings became the norm.
And "while we may see more creativity in terms of what these super-seed rounds get called and look like, a new trendy naming convention won't change the risk profile," Gazor said.
F Forbes. New Mag., with new Billionaires. Whatever Mag. Copy Writed(c)