The Billion-Dollar Seed Isn’t The Deal You Think It Is
By Ellie McDonald Everywhere you look, venture headlines imply that seed rounds have meaningfully changed shape. Yann LeCun raised $1 billion for a company that didn’t exist a week earlier. Project Prometheus launched with $6.2 billion out the gate. Unconventional AI hit $475 million two months after founding. It’s easy to read those headlines and…
