Are SAFEs obscuring today's seed volume? – TechCrunch
Are SAFEs obscuring today’s seed volume? Just over a year ago in our coverage of the 2019 venture capital market, we noted that “United States-demarcated angel and seed deals dipped in 2019.” Our reporting concerning the Q1 2020 venture capital market had a similar tone, noting that “domestic seed rounds, in slow decline since peaks in 2017, have sharply fallen since Q3 2019.” The same theme continued in the second quarter. Widening our lens to global seed data, we wrote that “global seed and angel deals [ … ] were down from 4,256 rounds in Q2 2019 worth $3.7 billion to 1,791 ...
Source: techcrunch.com