Algolia Delayed Post-YC Series A to Take Small Investment From Jason Lemkin
Nicolas Dessaigne · 20VC: Fundraising Is Also Business Development with Nicolas Dessaigne, Co-Founder & CEO @ Algolia · Apr 22, 2016 · at 13:34
Nicolas Dessaigne, co-founder and CEO of Algolia, explains why Algolia passed on an immediate Series A after graduating Y Combinator.
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“And so we finally decided not to raise any series A after weight combinator, but to take the risk to just raise a very small round to onboard new investors that we thought could provide a lot of value. That's when Jason Lemkin joined, joined us as an investor.”
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