Defining a seed deal ain’t what it used to be

Delving deeper into seed and other early-stage deals requires a more precise understanding of what such terms really mean. For instance, what constitutes a seed round?

With angels increasingly participating in Series A deals and more venture firms doing deals of less than $1 million, the term "seed" is murky. Until recently, such rounds clearly encompassed angel and friends-and-family rounds prior to institutional money, but now that doesn’t seem as appropriate.

Full Story: http://www.techconfidential.com/the-seed-stage/angels/defining-a-seed-deal.php