seed round

“I think tens of thousands of installs, and then we did the seed round, and then hundreds of thousands when we did the series A.”

“In general, though, what we've seen is that the time between a seed and an A is, it used to be the standard of advice was 18 to 24 months. The median is now over 24 months. It's over two years. So it will take longer than you think. That's the number one piece…”

“So proceed on Carta today. The median amount raised is about three to 3.5 million. And the median valuation, this is a pre-money valuation is 14. So if you add those up, that's, you know, call it seventeen million post or so. 17 to eighteen million.”

“Of the priced seed rounds that happened on Carta last quarter, 42% of them were actually extensions, or bridges, or seed plus.”

“Dilution in a standard seed round is still right around 20% for a founder. But if you do the bridge, that might be another eight or nine percent. And then you're talking about having done 30% in your seed. And that's a very high diluted figure if you're trying…”

“Today, seed round for a cybersecurity company is no less than six million dollars.”

“The percentage of companies that raised a seed round in twenty-twenty and then have raised some sort of bridge capital since then on a safe or a note. Only four percent of companies that fall into that bucket have gotten to a series A. Four percent versus like…”

“Once you take an A round, it's really hard to get off the VC train. You've raised 12 to fourteen million dollars at that point, your look, your preference stack is pretty high. Like you are committed to growing real fast. So if you're going to make that choice…”

“So let's figure out what the biggest risk is and let's raise the minimum amount of money we can raise to take out that risk as soon as possible. If we can't take out that risk, we're not going to succeed, but at least we get our time back. If we take out that …”

“If I had shown that for the last call it four years, five years, seed and a don't move. They're always right around. A little bit higher, a little bit lower, but like they just sit on that line.”

“What it showed is that on a percentage of graduation basis, yes, the highest valued companies graduate to Series A little bit more often than the other companies. But it's not a massive difference. It's within a couple percentage points.”

“The five hundred million dollar post money seed rounds, they don't exist anywhere else. 90% of them are in the Bay Area.”