Re:What the Seed Funding Boom Means for Raising a Series A
by mgav on Thursday March 12, 2015 @06:14PM
(#9194325)
A few great excerpts from the article:
>founders vastly underestimate the risk of busted financing
> It's vital that you have a clear picture of the traction and proof points you'll need to show investors when you eventually do raise your A. And these proof points have to both demonstrate a significant jump in valuation and de-risk your concept
>Keeping your burn rate low until you have product-market fit will give you the best chance at building a big company.
>founders vastly underestimate the risk of busted financing
> It's vital that you have a clear picture of the traction and proof points you'll need to show investors when you eventually do raise your A. And these proof points have to both demonstrate a significant jump in valuation and de-risk your concept
>Keeping your burn rate low until you have product-market fit will give you the best chance at building a big company.