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I’m looking for a startup that has de-risked their product and distribution. Series-A is usually a signal of that.
by decide 5y ago
I’m looking for a startup that has de-risked their product and distribution. Series-A is usually a signal of that.
- iamcreasy 5y agoI don't know much about startups or how they are funded. Can you please elaborate it in simpler terms?
- annoyingnoob 5y agoPeople don't usually want to invest in your wild idea or in the wrong team. If you've had a series A then someone has vetted your idea and your team.
- hnick 5y agoSeries A is the first round of investment meaning you've convinced someone other than yourself the product is useful/viable.
- muzani 5y agoSeed funding: There is little to no revenue. There is no business model. The startup is trying lots of different things to see what sticks. Most of the work is building prototypes and throwing them away. Series A: Startup is making money and has a repeatable and scalable business model. They may still be in the red with fixed costs, but every dollar spent on marketing returns more than $1 in income. The work is usually turning those hacky prototypes into stable code.