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on the contrary, most of my best investments have been in rounds of <$500k. i'm more afraid of startups raising megarounds as their initial round.
by sama 12y ago
on the contrary, most of my best investments have been in rounds of <$500k. i'm more afraid of startups raising megarounds as their initial round.
- kenrikm 12y agoIn the current climate what would you recommend the size of a seed round be? Clearly the answer is not "as much as you can get" right?
- lpolovets 12y agoIf you're trying to maximize your chances of raising a Series A (which may not be the ideal metric), then $600k+ is pretty good and $900k+ is great. (Based on this post: http://tomtunguz.com/seed-followon-rates/ http://tomtunguz.com/seed-followon-rates/)
- joshu 12y agoInteresting. For me, all but one that raised < $500k died.
- bcx 12y agoSam, out of curiosity, what is the average raise for a post-demo-day YC company now-a-days? (if it's public). I wonder this 500K benchmark is still something useful to investors in the valley. My guess would be that there end up being only a few YC companies each batch raising <500K and I doubt the amount raised ends up being a good predictor of success.