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Comment by pg | Hacker News Reader

All the numbers in the presentation he links to (http://www.peachseedz.com/peachseedz/2007/10/stuck-in-the-ca...) are wrong by about 2x.

Also, there's somewhat of an omission in the "pre-seed" column. Anyone notice? The original presenter is either completely out of touch with startup funding, or paying us the compliment of counting us as "friends" of startups.

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The numbers are meant to be general, not absolute. Note that I put "depending on region" as a disclaimer for some folks who "might" object. Out of touch with start-up funding? Ouch. we've been at it for 8 years.... Primariy point is to show that there "is" a gap. Be it the Atlanta, Boston, SV, Ft. Wayne, Charelston, etc. Angels and angel groups have different models. So, don't judge many by the actions of a few that you are familiar with. Angels individually invest $25,000-$100,000. But as a group, can do $250,000- $1M plus(rare). Knox Massey

They are not my numbers so I don't want to defend them, but I think that what we are seeing is some of the differences in "localness" in angel markets. Knox's group mostly invests in enterprise software plays which are a bit more capital intensive then web apps.

Of course you are a "friend" of startups.:)

In which direction do you think they're off? Are the numbers too big or too small in your opinion?

As for YC, yeah I don't think you are in the original chart. As you've said before that's kind of a new category. Seed I guess, but so early and so much smaller than what people usually think of as seed. What's interesting though is that some of the people involved in these posts are considering a YC-ish type thing in the Atlanta area.

They're too big. Angels are willing to invest $50k, and VCs will now invest as little as $1m. There is a bit of a gap, but it is around $300-800k.

And even then, some angels invest in that range. Peter Thiel, for example.

Gotcha, thanks. I'm right in this range right now and I'm speaking to both Boston- and southeastern-based investors. We'll see if we run into the gap.

Could be that the data is from an Atlanta group. I imagine they're not as heavily-weighted towards web startups. Out in the boonies startups are more of the consulting/product variety.

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