E4: Growth Stage Risks, Bridge Rounds, Bare Minimum Mondays
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The Growth Stage of Tech
In 2018, there were 25,000 companies between SEED and Series E. That number is 50,000 today. The biggest challenge for this growth stage is that IPOs are not happening. For every dollar that a growth stage company is raising, they actually need $3.2. And so public markets aren't opening in the near term.
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