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I wonder if there is any YC company that failed to even raise Seed Round.
by codegeek 6y ago
I wonder if there is any YC company that failed to even raise Seed Round.
- ahstilde 6y agoAbout a third of the batch is unable to complete their round every demo day season.
- kenneth 6y agoMaybe it would help if they weren't all trying to raise at a 10-30M valuation when they're barely getting started. There's a lot of YC businesses I'd love to fund but where the economics are totally out of whack.
- jeanlaf 6y agoIt's actually a good question. They say 1/3 of the batch should raise easily, 1/3 less easily, 1/3 will struggle. It's also with which fund you are raising. There are many funds for sure, but raising with the top tier VCs is definitely not 1/3 or even 1/10 of the batch. Anyways, hopefully, this article was useful to you :).
- gnicholas 6y ago> It's also with which fund you are raising. There are many funds for sure, but raising with the top tier VCs is definitely not 1/3 or even 1/10 of the batch. Do most top-tier VCs even do seed rounds? Surely some do, but there are many VCs (I think including some that are considered top-tier, at least in certain verticals) that focus on A and later.
- okprod 6y agoA friend of mine went through YC but then had to close without any funding due to RIAA
- nkotov 6y agoWe (YC S20) had issues raising our round after demo day, a good number of investors we spoke with were series A focused while claiming to be "early stage" investors. Long story short, we ended up pivoting, considered the amount we raised (under $500k) as pre-seed, and now are actively moving in direction of profitability instead of taking outside capital.
- codegeek 6y agoGood for you. I am a bootstrapped founder and I still haven't seen the need for a seed round yet. Of course, we are growing slowly and organically but that's ok with me.