NYC Seed

4.0
(3)
Recommend to another founder 80%

Independent rating of NYC Seed VC fund

Overall rating:
4.0
(3)
Recommend to another founder: 80%
Team quality
5.0
Professionalism
Personal qualities
None
Integrity
None
Respect and decency
None
Experience
Relevant expertise
None
Investment process
Not reviewed
Approachability
None
Clarity of the process
None
Speed of the process
None
Responsiveness
None
Ease of the process
None
Due diligence
None
Value add
3.5
Supportiveness
Value add beyond financing
None
Board activity
None
Terms
Founder friendly
None
Help with follow-up rounds
None

About NYC Seed VC fund

How NYC Seed VC fund invests

Portfolio - latest investments by NYC Seed VC fund

Founders' reviews of NYC Seed VC fund

Team quality
5.0
Professionalism
Experience
Investment process
Not reviewed
Value add
3.5
Supportiveness
Terms
Recommend to another founder 80%
Older than a year by non-portfolio founder
Very Conservative
Pitched them because we had heard good things about them from the likes of Fred Wilson but ultimately came out unimpressed.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Unfortunatley, You Should Steer Clear
I've held my breath on this one for a while, but we wasted an incredible amount of time with NYC Seed. They are much celebrated by the NY political and funding communities (eg. by Fred Wilson, who I respect very much), but the low friction, fast up / down process that is promised was anything but fast or low friction. In fact, we very nearly lost our opportunity to raise good money *because* of NYC Seed. If you value your time, do not spend it here. They are a firing squad.
Not reviewed
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Strange and Unclear Investment Style
I was reminded of NYC Seed from this post a entrepreneur they invested in whose company ran out of money wrote: <a href="http://www.thisisgoingtobebig.com/2009/10/unintentional-benefits-and-a-test-for-nyc-seed.html" target="_blank">http://www.thisisgoingtobebig.com/200...</a>
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