So I was talking to an Atlanta based venture capitalist type. Told me that they were putting together the paperwork to raise their next fund. Going to be twice the size. Good news. The even better news? It is going to include provisions for seed investments in the $250k – $500k range. Another Atlanta VC has been poking around for deals in this range as well. With IDEA, Novak Biddle, and Vahalla dipping down to fund the likes of SolidFire and StatSheet the VC seed funding trend is making it's way to the South.
Everyone knows Atlanta has a bit of a void in seed stage funding. It seems that venture capitalists are starting to move to fill that void. Everybody needs to know that as well.