Definition
The earliest stage of startup funding, which is a polite way of saying you're raising money based on nothing but a dream, a napkin sketch, and the audacity of a person who has never run a business. It's called pre-seed because the seed hasn't even been planted yet -- you're basically fundraising with dirt.
Example Usage
"We closed our pre-seed round at $250K, which sounds impressive until you realize the entire company is a Google Doc, a domain name, and two guys who met at a hackathon last week."
Related Terms
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See “Pre-Seed” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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