[njpatel]

Fwiw, there seems to be a push from VCs to bring you in talking about a 'normal' seed round (a smallish figure, debt-financing or simple equity-financing), but then try and talk up doing a large Series A immediately (with all the complexity that brings).

The idea being that you then have enough money to go and do whatever you want, at any cost, and work your way to a Series B. In the mean time, the VC(s) get their share and have some/all board control.

[CalChris]

Do you really mean Series A or do you mean priced? I did see a presentation from a seed fund that insisted on a priced round recently.

[ig1]

That doesn't really make sense from the VC perspective.

At seed a startup normally has a much cheaper valuation so the VC can get the equity stake they want at a much cheaper price. VCs can also take a board seat at seed level (most don't because they don't have the time to take board meetings for all their seed companies).