Lightspeed’s Top Fundraiser Joins Firm That Takes Seed Funds’ Pro Rata

T1Covered by 1 source · first reported by The Information (teasers) at 06 Oct, 23:15 UTC

For years, deep-pocketed venture firms have partnered with seed investors to get access to startups’ later rounds if their growth takes off. The bigger firms often invest in the seed funds, with a handshake agreement that they’ll get a heads-up if a hot young startup is about to raise again. A firm…

Sources

• T1Lightspeed’s Top Fundraiser Joins Firm That Takes Seed Funds’ Pro RataThe Information (teasers)06 Oct, 23:15