Re:The Fatal Pinch
by sama on Monday December 08, 2014 @07:34PM
(#8720198)
on the contrary, most of my best investments have been in rounds of <$500k. i'm more afraid of startups raising megarounds as their initial round.
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Sam, out of curiosity, what is the average raise for a post-demo-day YC company now-a-days? (if it's public).
I wonder this 500K benchmark is still something useful to investors in the valley. My guess would be that there end up being only a few YC companies each batch raising <500K and I doubt the amount raised ends up being a good predictor of success.
Interesting. For me, all but one that raised < $500k died.
This is news.ycombinator.com, a forum for an incubator that's main raison d'être is seed funding .. What else would you expect?
Do you have any idea how startup fundraising works?
In the current climate what would you recommend the size of a seed round be? Clearly the answer is not "as much as you can get" right?
If you're trying to maximize your chances of raising a Series A (which may not be the ideal metric), then $600k+ is pretty good and $900k+ is great. (Based on this post: http://tomtunguz.com/seed-followon-rates/)