Replay - The DNA of Startup Success (John Vrionis)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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The Importance of Series A
The classic series A today and enterprise software are core team GA products and a million dollars of bookings or ARR. That's what triggers a series A these days which is why the series A's are now on average 15 25 million in some cases. Series A these days require proof. It's no longer a conceptual investing. These are traction metrics that the investors are holding founders accountable towhich demands that you've demonstrated product market fit. You don't want to raise too much money because then you get, I think companies can have bad habits. Innovation comes from constraints.
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