Doing a series H might make investors think harder about why they need 8 rounds of funding over 12 years or so and still didn't manage to turn a profit.
I had a recruiter a few years ago pitch me about an amazing opportunity at a series F company that he wouldn't name in the initial pitch email. I didn't see that as an advantage at all. That's 6 rounds of investors who are all going to need to get paid and then some before you see a penny. It also implied to me the early growth/fun stage was over and they either limping along or so big to be unrecognizable as a legit startup.
Re:Docker Raises $23M
by tsejerome97 on Tuesday March 16, 2021 @09:57PM
(#26485617)
That's quite interesting, let's see if it will pivot a bit for the "new" trend like going serverless
This is apparently "new/restructured Docker" which did Series A in 2019. From the footnote in the article: https://www.docker.com/press-release/docker-new-direction
It does seem weird to just start the letters over like that, as if it's a new hot startup.