Harry Stebbings: Seed rounds remain $2M to $3M for startups

Harry Stebbings: Seed rounds remain $2M to $3M for startups
Seed rounds still $2M to $3M

Harry Stebbings states that seed rounds for startups should still be in the range of $2 million to $3 million. He argues that founders are able to accomplish as much with $2 million to $3 million today as they could a decade ago.

According to Stebbings, unless there is overwhelming investor demand outside of demo day, this funding range continues to be the standard amount for seed rounds.

Stebbings has previously highlighted rapid growth in select startups. He reported that Higgsfield reached $1 billion in annual recurring revenue in 18 months, with monthly model spending at $4 million. In another update, Stebbings noted that Higgsfield achieved $1 billion in annual recurring revenue ahead of a new 20VC episode.

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