4 ms·

Is round C or D too late?

• m_ke 5y ago
  All of the rounds have shifted a bunch lately and companies are going public sooner than they used to. What I really meant was that you should join companies that are on a clear path to have a major exit within the next 2-3 years.
  • rsanek 5y ago
    What companies are exiting within 2-3 years of raising a Series A, B, or even C? Strongly disagree that companies are going public sooner, if you compare when eg msft / goog went public vs airbnb / uber the market cap is radically larger and the companies are much older.
    • m_ke 5y ago
      Seed rounds got larger and moved down a bit with a rise in "pre-seed" rounds. Thanks partially to SPACs and direct listing we've had a boom in IPOs the past two years. (https://www.wraltechwire.com/2021/10/01/biggest-ipo-boom-in-decades-gives-huge-boost-to-wall-street/ https://www.wraltechwire.com/2021/10/01/biggest-ipo-boom-in-...) Before 2018-2019 the common wisdom was to stay private as long as possible because Softbank and other late stage firms were willing to throw a lot of money around in private rounds. Now VCs are trying to throw their companies over the fence as soon as possible.