Perhaps obvious in retrospect: With Q1 ending, from my vantage point @ pre/seed, I saw *zero* change to investment climate & market from January 1 to today. In fact, the quality of tech founders starting new things feels like it's improving upon itself.
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We're seeing impact all over the portfolio, Series A-E
Our seed cos raising Series A in Q1 came in <1/2 the price of our Q4 ones (which were absurd)
I've seen late stage companies doing flat rounds despite 2-3xing revenue
to ur pt, haven't seen seed prices change much though