Re:Syndicated rounds, for founders who can’t find a Series A...
by threeseed on Wednesday June 24, 2020 @05:26PM
(#23634063)
It's great that you did this. But YC and other accelerators really need to do more to educate startups on the perils of the VC backed investment track.
Given that getting a Series A is only a reality for what 1% of startups it's important to know why the other 99% failed. And what percentage of those startups would've been around today had they been more aware of the low failure rate and ran their company accordingly.
Given that getting a Series A is only a reality for what 1% of startups it's important to know why the other 99% failed. And what percentage of those startups would've been around today had they been more aware of the low failure rate and ran their company accordingly.