Oh for sure, if you're not cashflow positive and are looking for Series A / Series B I expect to see the purse strings tightening up hard. Already have a few friends at firms saying they're having to be more restrictive / selective than before.
I can throw a stone to about 15 startups near where i'm at that are all in tight cash mode already, not really making a whole lot and are hoping for a big raise. None of them that I know personally have metrics that will pass the test. :(
I can throw a stone to about 15 startups near where i'm at that are all in tight cash mode already, not really making a whole lot and are hoping for a big raise. None of them that I know personally have metrics that will pass the test. :(