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Amazing that early-stage lead check sizes are basically the same with slightly higher % from 2021 to 2025.
How can that be, @PeterJ_Walker?

4.7. klo 02.15
Lead investors in seed rounds are taking more and more of the round lately.
Median lead grabbed 52% in a seed round in 2021.
Median lead has taken 61% so far in 2025 seeds.
Sharper elbows? Bigger funds? etc.

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