Pricing in venture is wilder than ever. $100M pre-seed is now normal. Bessemer just raised $1.75BN for “early” and $4BN for growth. So can you even do seed today without $1BN? - Is capital truly one of the last remaining moats? - Do all small seed funds and mid-sized firms just fade into irrelevance? - Does entry price matter anymore when there are $TRN companies… - Is this real or a bubble that is about to burst I sat down with @spdholakia to discuss this and have added my notes from the…