My POV is that this is a false trope.

(A) I’ve never seen a startup which I expected to have no trouble raising an A Round fail to raise an A Round (albeit sometimes at sizes and valuations tougher than they originally expected).

(B) There are many many many more seed companies being funded and raising (in an initial round or successive rounds) $2–3m. Series A investors look at a company that has spent that sum and expect to see progress.

So there are lots of statements to be made about the challenges facing seed founders, but turning it into a “Series A is harder than ever” argument just doesn’t hold water for me.

Written by

You’ll find me @homebrew , Seed Stage Venture Fund w @satyap . Previously made products at YouTube, Google & SecondLife. Married to @cbarlerin .

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store