Yep, you’re right, I could have made this more clear. Adjusted for inflation, these deals are about half a million to $2 million in today’s dollars, so definitely in line with what plenty of seed stage deals are today. The difference is that these small deals were the only one’s that were happening, there weren’t big C rounds of funding like we see today. So, it’s not that the size of the deal was so unusual, but rather that the allocation was skewed much more heavily toward small, early-stage funding rounds.

Thanks for pointing this out.