Teare: 98% of Seed-Stage Startups Die From Lack of Follow-On Funding
Keith Teare · 20 VC 028: Co-Founding TechCrunch and The Benefits of Not Raising Venture Funding with Keith Teare · Apr 16, 2015 · at 20:58
TechCrunch co-founder Keith Teare discusses the 'barbell' structure of Silicon Valley VC, arguing that seed stage companies suffer from a lack of mid-stage funding.
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“About 98% of those companies die. And they die because there is no money to fund the next step, which is to build a team and build something really substantial.”
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