There certainly are varied opinions about Bitcoin. Everyone from Warren Buffett and Marc Andreessen to the Winklevoss twins and the Internal Revenue Service has opined on the viability of the digital currency. Depending on your vantage point, Bitcoin may be the biggest technology innovation since the Internet or a fad whose crash will be as precipitous as its meteoric rise.
Editor's note: Paul Martino is a co-founder and GP of Bullpen Capital, an early-stage VC firm. He is formerly the founder and CEO of Aggregate Knowledge. 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.