Semi-Curious about the "seed-stage" investments being 1-3m as that seems rather large even by post demo day YC standards. Unless the expectation is that there has been a friends/family/angel round prior to this with existing growth/traction from said investments? I think some additional clarification on what traction/stage First Round is looking for would save some time on their end and also for companies applying that might not fit into that mold not to waste their time.