Here is an interesting observation from by Josh Kopelman, Managing Director of First Round Capital. His blog, Redeye VC is a good source for frontline observations on funding.
“A pre-launch, stealth-mode company just closes a seed round of funding. Three weeks go by, and the news of the company’s funding starts appearing in VentureBeat, PEHub, and Venturewire. The story is then picked up by mainstream tech bloggers and press. The CEO starts getting phone calls from journalists. I then receive frantic, angry phone calls and emails from the CEO that go something like this: “Dude! Did you announce the funding? We wanted to stay under the radar…”
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