Series A
2 statements across 2 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Aug 6, 2021 by David Sacks · across every show →
Everything said about Series A, oldest first
Aug 6, 2021 positive
David Sacks: Craft Ventures requires revenue before funding Series A rounds
“One of the reasons why we like SaaS and marketplace at Kraft is they're very milestone based. I mean, we, you know, if we invest before you have a functional product, it's going to be at a seed valuation, you know, like a 10 cap, ten million dollar valuation, …”
Jun 7, 2022
Sacks: Craft requires $1M ARR and 15% MoM growth for Series A
“It really does start with a company hitting the metrics hurdle that we need to see for example, series a you know, it's a call it, you're roughly more or less a million dollars of ARR. You want to be growing 15% month over month, certain net dollar retention, …”