[gnicholas]

Are A-rounds now well into the $20M range?

I remember when they hit $10M and assumed they had continued to grow somewhat. But I didn't realized we'd blown well past $20M — when did that happen?

[oscardssmith]

I think a lot of it is that this is a series A for a 6 year old company that is already making money. Most other startups would be on series B, so comparing this number to a 10 person startup for a company that doesn't have a product yet doesn't make a lot of sense.

[mrits]

I don't have recent data but I'd guess most startups would have been dead for several years, not on series B.