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by grey-area 1916 days ago
Doing a series H might make investors think harder about why they need 8 rounds of funding over 12 years or so and still didn't manage to turn a profit.
2 comments

I had a recruiter a few years ago pitch me about an amazing opportunity at a series F company that he wouldn't name in the initial pitch email. I didn't see that as an advantage at all. That's 6 rounds of investors who are all going to need to get paid and then some before you see a penny. It also implied to me the early growth/fun stage was over and they either limping along or so big to be unrecognizable as a legit startup.
That's quite interesting, let's see if it will pivot a bit for the "new" trend like going serverless