David Cohen: Seed and angel investing are not venture capital
David Cohen · 20VC: Techstars Founder David Cohen on Why Seed Investing Is A Different Asset Class To Venture, What Makes The Best And The Worst Board Members & Why Every Company Has To Have A Pessimist In The Room · Feb 11, 2019 · at 25:57
David Cohen, founder and co-CEO of Techstars, explains why treating early-stage investing as a subsegment of traditional VC is a misclassification.
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“I believe that angel investing, seed investing is a completely different thing than venture capital. I don't think it's part of venture capital. I think that it's a different type of asset, which has different needs and requirements and has a different performance characteristic. People lump in seed investing and angel investing with venture, and it's just fundamentally different.”
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