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A comment on ZenPayroll raises seed round from the Mt. Rushmore of Valley entrepreneurs. Parent comment

Re:ZenPayroll raises seed round from the Mt. Rushmore of Val... by accountoftheday on Tuesday December 11, 2012 @03:00PM (#4906484)
My guess: when zero board seats go to investors. Please correct me if I am wrong.
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Re:ZenPayroll raises seed round from the Mt. Rushmore of Val... by StuieK on Tuesday December 11, 2012 @03:02PM (#4906492)
Board seats go out in seed rounds. There is no hard rule for naming the different rounds, in this case it is just their first round of institutional capital.
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