Founders - deep breaths. Don't freak out when you read another post about a new company raising a $475 million seed round.
Here's the deal:
Yes, some tiny fraction of the "seed" market is playing at this scale. But it's almost entirely chip companies or foundation AI research labs. If you aren't building one of those businesses, feel free to ignore the headlines.
Real benchmarks for what a seed round looks like in the chart below. Median is just under $4 million raised, top 5% is $15 million. Those are historically very large seed rounds!
The stage name abuse continues unabated. We haven't ever really lived through a time where capital raised could vary by 100x or more in the same round name.
Run your own race, it's more survivable that way 😅
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