In recent years, further declines in the cost of bringing new software products to market has continued to alter the world of financing early stage software companies in three fundamental ways: First, pre-seed stage valuations have fallen, even though later stage valuations have risen. Second, pre-seed stage investors have shifted the focus of their evaluation of companies from potential to traction. Third, accelerators have displaced angels as a key source of financing for pre-seed stage companies.
How Pre-Seed Stage Financing is Changing
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