Mark, there is a brilliant academic paper you should have a look if you haven’t already that…

Rise of Seed. To understand today’s trend it’s worth stepping back a decade or so. Prior to then the concept of “seed funds” barely existed and as I’ve argued before the seed fund phenomenon was largely driven by: Open source + horizontal computing + Amazon AWS. In other words, it isn’t that VCs suddenly got smart, it’s that the costs of starting a company went down dramatically.
Changes in the Venture Capital Funding Environment
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Mark Suster
Francesco Corea
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1 min read·
Apr 18, 2019
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Mark, there is a brilliant academic paper you should have a look if you haven’t already that basically shows the same point you are mentioning here: https://www.sciencedirect.com/science/article/pii/S0304405X18300631
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Written by Francesco Corea6.6K Followers
·198 Following
Data science @ Greycroft. Previously @Balderton @Anthemis @UCLA. All opinions are my own.
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