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by justonepost
2952 days ago
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Tldr, series A is a balance between traction or more young, charismatic ivy league graduates. The less you have of one the more you need of the other. I'm always amazed how much it takes for people to say pretty simple things. |
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"more young, charismatic ivy league graduates" is not at all what the author describes. The author's thesis is that raising a Series A has requirements ranging between a Seed round which is based on, "the quality of the founders and the raw story that they can tell about their company and the future that company will create" and a Series B which is based on "[the] need to have accomplished a significant set of things that prove their ability to accomplish that future".