How Pre-Seed Stage Financing is Changing

In recent years, further declines in the cost of bringing new software products to market has continued to alter the world of financing early stage software companies in three fundamental ways: First, pre-seed stage valuations have fallen, even though later stage valuations have risen. Second, pre-seed stage investors have shifted the focus of their evaluation of companies from potential to traction. Third, accelerators have displaced angels as a key source of financing for pre-seed stage companies.

by Scott Shane

Full Story: https://smallbiztrends.com/2017/04/pre-seed-funding.html