1/ Short, little pre-Superbowl tweetstorm announcement...
Excited to share @haystackvc has raised Haystack V with $50M in fresh capital to focus on seed-stage* investing.
* current definition of "seed-stage" to be debated at an another time ;-)
Congrats! I think of seed stage as an investment primarily in the people, versus mostly in the idea. Disagree?
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it's easy to say "it's all about the people." everyone has their own heuristic. ours is - people matter, but category matters, too -- and the sophistication of team in said category.
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Oh for sure! Totally agree... I guess I'm saying I bet a seed investment on good market segment and great people 1st, versus average people & better tech potential in the early game
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