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So you raised $15k or so from YC. What happened next?
How did you get to Series A ? What significant milestones did you hit ? What did the timeline from YC to Series A look like ?
- seiji 16y agoTrust the man in the pink shirt: http://www.youtube.com/watch?v=m43t44WL8-w http://www.youtube.com/watch?v=m43t44WL8-w
- justin 16y agoHere's what we did: 0) get some cash from yc 1) work on our product (6 months) 2) raise an angel round of several hundred k based on demos pre launch (4 months from start to finish) 3) launch our initial product 4) get buzz in media 5) 3 months after launch, raise series A Based on the amounts new yc alums are raising now even pre-demo day, I think it's getting easier to compress the time between steps 0 and 5.
- badmash69 16y agoThanks. The follow up question is , how much traction did you get to close Angel round. How much did you have to ramp up to get to Series A. About me : I am trying to figure out the scope and product-market fit for my idea and trying to decide how much money I need to save up and how much functionality needs to be ready before taking the plunge.