The Ledger

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Insight
Clavier: Startups Need 18 Months of Seed Runway to Reach Series A
“We've always sort of looked at a, an average of an 18 months runway as what it takes for a company to, you know, take the seed round, hire a few engineers, get the product to market, start building traction, do a few, you know, revisions of the product, and th…”
Jeff Clavier Sep 7, 2015 ▶ 15:41 20 VC 069: Jeff Clavier, King of Seed Funding @ SoftTech VC on Brad Feld, Fitbit and Standout Startups
Insight
Clavier: Preemptive Term Sheets Now Avoid Bidding Wars, Not Bargain Valuations
“And it used to be that preemptions were a way to try and get a sweet deal, so not pay market price, whereas now it's to try and get out of bidding wars that end up happening if ever you have an interesting company that is raising through a process where you co…”
Jeff Clavier Sep 7, 2015 ▶ 19:37 20 VC 069: Jeff Clavier, King of Seed Funding @ SoftTech VC on Brad Feld, Fitbit and Standout Startups
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