Masood: TARA secured a Series A term sheet in nine days
Iba Masood · Amber Atherton of Zyper and Iba Masood of TARA on Raising a Series A as a Female Founder · Y Combinator · Dec 18, 2019 · at 8:50
Iba Masood, cofounder and CEO of TARA, recounts her startup's Series A fundraising timeline.
0:00 / 0:07exact quote · 7.6s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Our total fundraise process to go from first coffee meeting to term sheet was nine days.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Iba Masood
Masood: Founders should not maximize valuation over partner alignment
“You shouldn't maximize for valuation because the thing is that if you maximize for valuation then you know incentives aren't necessarily aligned, and so what you really want to maximize for is, are we getting to work with the right people?”
Masood: VCs shouldn't route diverse founders to diverse partners by default
“Founders should be able to talk to the partner at the fund that understands their industry and their business. That's really, it's that simple. It's, you know, they shouldn't automatically assume that because, you know, this person is a female founder or a min…”
Masood: Vet VC associate influence via LinkedIn tenure and board roles
“I think the most important thing is to meet with senior associates that have influence and how you can figure that out is really just go onto their LinkedIn and see how long have they been at the firm. Are they someone who's really an analyst, but has the asso…”
Masood: Committed VC partners will work weekends to prep founders
“If the GP really wants, you know, you to present your best foot forward in terms, in front of the full partner meeting, they will work through that weekend or, you know, whatever that date period is to make sure that your presentation is as good as it can be.”