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?

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JASON LEMKIN

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.

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Published on January 10, 2016
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