2 ms·
My guess is that once they initially raise a seed round they plan their business around re-raising in 18 months. After all it’s the standard advice they get fro
by threeseed 6y ago
My guess is that once they initially raise a seed round they plan their business around re-raising in 18 months. After all it’s the standard advice they get from YC and their investors. And so it becomes a self fulfilling prophecy and by the time they want to change it’s too late (firing 3/4 of your team causes its own headaches).
It’s a shame there isn’t exit interviews for seed companies once they run out of money or go onto Series A. Because it would hugely benefit the ecosystem.