Entrepreneurs, don’t fear the seed funding slowdown — it’s a market correction

GUEST: A few years ago at an incubator demo day, I watched open jawed as a would-be seed investor made funding commitments based solely on 7-minute presentations – without speaking with the team or conducting any due diligence. Investor odds may have been better in Vegas.
Silicon Valley has been inundated in recent years with a new breed of euphoric “tourist” seed investors. Unlike the many thoughtful professional seed investors who engage in due diligence and offer strategic g