Moore: $50M to $70M valuation caps are untenable for $30M seed funds
Bucky Moore · Why Bucky Moore Joined $30 Billion AUM Megafund Lightspeed · Sourcery with Molly O'Shea · May 5, 2025 · at 27:57
Lightspeed partner Bucky Moore discusses early-stage pricing inflation and the fund math challenges it creates for smaller seed funds.
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“This can become untenable very quickly for these smaller funds, where, you know, investing at 50, 60, 70 caps is, you know, pretty hard to imagine how you make a lot of money as an, ah, you know, a thirty million dollar fund, for example.”
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