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seed fund sizing

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How larger seed rounds change Jason’s assessment of fund size

IN CONTEXTseed fund sizing1 viewpoints
2026-10-01

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How larger seed rounds change Jason’s assessment of fund size

The article reports Jason’s view that, if a seed round is now $30 million, a $1.75 billion seed fund with reserves is not large; in that context, even $1 billion is beginning to sound small.

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Supporting evidence

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Original excerpt

Jason’s read on Bessemer: it’s the same lesson Benchmark learned. Bessemer’s growth team scaled up and won. And if a seed round is now $30 million, a $1.75 billion seed fund with reserves isn’t large. Even $1 billion starts to sound small.

Publication dates describe the sources, not changes in belief.