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Comment by ttoinou | Hacker News Reader

Hello Rob,

  institutional money

And what is the definition of this one ? :) Won't TinySeed be institutional after funding businesses ?

Or are you saying that TinySeed will be a social platform for connecting angel investors to boot-strappers ?

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Oh, Good question. Technically we will be institutional, but not by the traditional definition that implies a series A, B, C, etc. then an IPO or large liquidity event. With a valuation north of $100M, etc. The typical "Unicorn" play where 1 startup returns 100x the fund so all companies backed need to have that potential.

TinySeed will be able to back companies with smaller aspirations, but that are much more likely to succeed, and don't aspire to get on the funding treadmill of raising every 18 months.

Alright thanks for the explanation. Are you focused on USA ?

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