Let's Get Small

Who says bigger is better? Here's an excerpt from Matt's latest piece on SandHill.com:

We continue to hear entrepreneurs tell us that they can find very few good firms willing to lead a deal that needs less than $5 million. In my experience, some of the best founders don't want or need a first round that size. I am hoping that more funds will focus on small, early deals as we have been doing here at Walden.