Kaden: Slower Series A startups face severe fundraising difficulty
Rebecca Kaden · Roundtable #6 with Rebecca Kaden, Nicole Quinn, Eurie Kim, Harry Stebbings | E1083 · 20VC with Harry Stebbings · Nov 17, 2023 · at 17:55
Rebecca Kaden, Managing Partner at Union Square Ventures, explains why early-stage startups with complex growth paths struggle to raise Series A rounds despite representing good venture opportunities.
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“On the other hand, I think anything with a complicated story, things that are figuring it out and are seeing some growth curve, but it took a while for that to figure it out, so maybe they had to spend some of that seed money, so their, you know, ultimate revenue is less than what you ultimately would like, and their curve is newer. Very hard to raise money for, big opportunity in, right?”
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