3 ms·
Yeah seriously, I know a lot of companies that raised seed rounds without $50k MRR. Here is someone's analysis of recent YC startup SAFEs: https://twitter.com/
by jrpt 3y ago
Yeah seriously, I know a lot of companies that raised seed rounds without $50k MRR.
Here is someone's analysis of recent YC startup SAFEs:
https://twitter.com/ajh3_/status/1653754713370927105 https://twitter.com/ajh3_/status/1653754713370927105
I doubt the majority of those companies have $50k MRR = $600k ARR but they're raising $2 million dollar rounds on average. Furthermore, I don't think they're necessarily overvalued. I think what just matters more at the early stage is the market they're going after, how their product fits into it, and the quality of the founders.
- algo_trader 3y agoFrom the tweetstorm > We follow. We do not have valuation rules (clearly). > We prioritize 2nd time founders, rev traction, and fancy co-investors. So these valuations are for the best 10% of YC, which is the best accelerator. Nice if u can get it.
- deleted 3y ago[deleted]
- deleted 3y ago[deleted]