Long gone are the days where a startup could raise a Series A round based on vibes and the networks of its seed investors. But today’s Series A funding environment isn’t just a return to pre-2021 trends and metrics.
Series A investors are still taking longer to do due diligence, are more focused on the metrics, and are looking to participate in rounds at reasonable valuations. But seed investors told TechCrunch+ that this new environment sends founders mixed messages, and tracking what companies need to have accomplished to raise a Series A has become hard for them to decipher them
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