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There is no definition of 'seed', so I'm not sure where you're getting these ideas. Seed is just pre-Series A.

I am a YC W13 founder and I just raised a 'seed' round. Our investors signed the paperwork as a 'seed' round. We raised >$500k.



That would be highly unusual. But it doesn't matter that much to me if it's true. We were simply talking about different thing when saying "seed". No harm done.

http://www.investopedia.com/terms/s/seedcapital.asp




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