Series A

“And so I think that a round is the single most overvalued round in venture capital.”

“I actually just read a Carta report today. I don't know if you saw it, but the graduation rate from seed to Series A is now at an all-time low, and before it was like in a normal year, they'd say like, 20 to 25% graduation rate. Now it's at 13.”

“The market for A and B between 2010 and 2022 went up by nine X. So nine times more capital in those markets than in any other sector of the market. And as a result, valuations went up like 300%.”

“We execute a position building strategy where we look specifically for series A's early traction, Building, getting minority ownership into those businesses and then with support and getting them to that next phase where we can hopefully generally one out of t…”

“In fact, those businesses generate a lot more data earlier on, right? So a series A business that has, that's in the enterprise space that has 20 or 30 customers, you can probably just phone all them. They may be YC friends. It's very difficult at that stage t…”

“That said it's not clear to me that, that construct needs to exist at seed and pre-seed in a way that necessarily, like, makes the company better off. And so typically what I see is that there are cases where, like, the founder wants to form a board, they want…”

“We've raised a 22 and a half million dollar Series A.”

“Carta has some, like, incredible data on this that 41% of companies seen in Serie A, Series A are all AI, quote, unquote, AI companies.”

“When we got to our Series A, we had actually only spent, like, Or 350 K.”