{"version":"1.0","type":"card","id":"aee29b5e-01e6-450a-8058-828a6a6e0027","url":"https://stacklist.com/card/aee29b5e-01e6-450a-8058-828a6a6e0027","title":"PitchBook: Smaller VCs are courting founders who haven't founded anything yet","source_url":"https://pitchbook.com/news/articles/squeezed-at-seed-smaller-vcs-are-courting-founders-who-havent-founded-anything-yet","note":"Signal of the Week. PitchBook's report: an estimated 8,625 first-time US VC financings through Q3, above the 2021 record; median pre-seed pre-money $12M, from $4M in 2020; typical seed $19.5M before the money.","image":{"url":"https://ucarecdn.com/2e0e9cb3-ec24-4a14-98e8-5d3633016af2/","alt":"PitchBook: Smaller VCs are courting founders who haven't founded anything yet","width":1280,"height":800},"stack":{"id":"d6e57f77-6204-4fa0-9858-1f4826cf5444","title":"Signals Served #034 - The First Check Moved Earlier","url":"https://stacklist.com/c/finance/stack/d6e57f77-6204-4fa0-9858-1f4826cf5444"},"created_at":"2026-10-26T18:06:55.614Z","updated_at":null,"aco":null,"_links":{"self":"/api/public/card/aee29b5e-01e6-450a-8058-828a6a6e0027.json","html":"https://stacklist.com/card/aee29b5e-01e6-450a-8058-828a6a6e0027","md":"/api/public/card/aee29b5e-01e6-450a-8058-828a6a6e0027.md","stack_json":"/api/public/stack/d6e57f77-6204-4fa0-9858-1f4826cf5444.json"}}