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2min chapter
Andreessen Horowitz Part II
Acquired
Venture Capital Series a - The Series a Venture Firms
The series a was your first professional venture capital institution coming in and writing a check into your company, taking a board seat. And before that, you have whatever cowboy would help you as an angel investor get to something that looked venture capital fundable. The series a has really become this, like, cat bird seat for the venture capitalist because they can outsource all the real early stage risk to the seed stage with way less capital.
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