A billionaire VC I know passed on my generous seed funding offer,I think would return him 9figs on $35k.Does this mean he thinks my chances are <1/3k?
The smaller the seed investment is a a % of your net worth, the faster you have to come to an investment decision.
There are tens of thousands of true, real, high quality seed fundable-startups.
If the investment is 1% or 5% of your net worth, you’re going to take a lot of time.
If it’s a token amount, even if the return could be huge — you have to make a fast decision.
Read nothing into it.