Series A

4 statements across 4 episodes · 1 bullish · 3 bearish · 3 people on the record · first statement Aug 18, 2023 by Dave Morin · across every show →

Everything said about Series A, oldest first

Aug 18, 2023 negative

Opinion

Dave Morin: Startups cannot raise Series A rounds purely on story

“It used to be that like, You could get through a series A still on story. I don't think that's the case anymore.”

Dave Morin Aug 18, 2023 ▶ 9:49 #10: You should kill your startup, What replaces globalization · More or Less Podcast

Nov 17, 2023 positive

Prediction Not checkable as stated

Sam Lessin: Founders will increasingly pitch rounds aimed at immediate profitability

“I think in the next 12 months, I will get more and more pitches of people who are like, I don't need two and a half million dollars to prove one statistic to try to hail Mary and A. I actually need like four or five, but on the other side of it, I should have …”

Sam Lessin Nov 17, 2023 ▶ 38:22 #23: Why (and How) SMBs and Creators Will Win With AI, the New Financing Contracts, and More · More or Less Podcast

Aug 23, 2024 bearish

Assertion Supported

Brit Morin: Seed-to-Series A graduation rates halved from 30.6% to 15%

“In 2018, there were 30.6% of companies that raised a seed round and then made it through series A within two years. Now that's only 15% in the last two years.”

Brit Morin Aug 23, 2024 ▶ 19:50 #61: The Venture Capital Reset Era · More or Less Podcast

May 9, 2025 bearish

Assertion Supported

Dave Morin: Seed to Series A Graduation Rate Down Over 25%

“If you look at the number of series A's graduating from the seed ecosystem, it's down like over 25% now.”

Dave Morin May 9, 2025 ▶ 42:44 OpenAI Acquires Windsurf for $3B, Google's Stock Dips | #98 · More or Less Podcast

Series A

Everything said about Series A, oldest first

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