#129 Marc Andreessen: Interview with an Icon
The Knowledge Project with Shane Parrish
00:00
The 3 Bet-Sizes for VCs: Seed, Venture Bet & Growth Bet
Investing in startups involves three tiers: seed funding, venture funding, and growth funding. Seed funding ranges from 2-5 million and is for early stage companies. Venture funding is 10+ million, involves forming a board of directors, and comes with an obligation to invest in later rounds. Growth funding is for companies that have hit their stride and need capital to scale. Checks range from 50 million to 300 million. While these amounts may seem large, they are necessary to become a global leader in any industry.
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