I don’t know, but I’ve been told: investors here are different from investor there. But I’d use the word “careful” rather than “risk-averse”. It’s not the same. There is more and more seed funding around Boston. Seed funding is very risky. It’s just that you’re risking less money. So startups can fail at the correct point, having not used up so much capital that providers of capital will be scared off.
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