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During the prolonged frenzy of raising a seed round, many entrepreneurs wonder whether it is worth including one or more VCs in the seed as a part of the round (e.g. buying 10% of the company, as opposed to, say, the VC buying 25% of the company during the seed). This has a lot more tradeoffs than one would initially think and is in part driven by VC economics, which I wrote about earlier.


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