Alpha Bridge Ventures - What's the Difference?

Bridge means something completely different today than it did five, 10 years ago. There was a negative stigma attached to the term bridge. And now people are calling it post seed, seed extension, whatever, seed to. But there's another factor that makes investors wary of investing in a bridge. They figure if the company is so great, their previous investors, the insiders, will reinvest and take the entire bridge round.