Paul Martino

Paul Martino is a co-founder and GP of Bullpen Capital, an early-stage VC firm.

Paul Martino

Record numbers of startups are failing to advance from their seed round to Series A. This glitch in the funding ecosystem is older than you may realize. Between 2009 and…

It’s not you, it’s the post-seed gap

A few times every month I get an email from a CEO or investor that says something like this: “We are seeking a Bridge for our company. Since we already…

A post-seed round is not a bridge
Venture

The Micro VC Shakeout

3:00 pm PDT • April 26, 2015

When we started Bullpen Capital in 2011, there were about 30 or so “microVC” or “micro-seed” funds — and we knew them all. Today, four years later, there are likely…

The Micro VC Shakeout

Seed Is A Process

8:00 am PDT • April 26, 2014

The seed “round” as a singular event appears to be dying. What used to be a discrete funding round is now more of a rolling, continuous financing process. At Bullpen…

Seed Is A Process