Re:Investor Funnels for Series As
by dbuxton on Thursday May 30, 2019 @04:24AM
(#20049347)
I would be curious (maybe @akharris can clarify) whether "average" in this case is the mean, mode or median...
I'd guess median because if the mean it appears that (cf parent) each company got exactly 1 term sheet, which does seem genuinely surprising if more or less the entirety of both cohorts succeeded in raising a round on some terms.
I'd guess median because if the mean it appears that (cf parent) each company got exactly 1 term sheet, which does seem genuinely surprising if more or less the entirety of both cohorts succeeded in raising a round on some terms.