Remember that time the
Wall Street Journal wrote an
article about an influx of "start-up" companies raising seed/angel rounds and then all those companies subsequently trying to raise Series A rounds and failing hard? And then all these
VCs and angels got in a fight about it, on Twitter, and on their own blogs? Well, we pulled some rough funding data from
Crunchbase (which come to think of it should be a National Treasure), and, as it turns out, more and more companies
are raising seed and angel rounds (we're counting both as the same) and less and less companies are raising Series A. In fact the number of seed deals went up 33% from 2008 to 2010, while Series A deals were down 9.6% during the same period.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/kka6s3-cVow/
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