Thursday, November 12, 2015

Separating The Sizzle From The Steak | TechCrunch

Separating The Sizzle From The Steak | TechCrunch



Seed rounds are all about the sizzle, the exciting promise of the future if things go as dreamed. Risk is high — but the reward, if it works, is far greater. ...

But when it comes time to raise a Series A, it’s all about the steak — what you’ve accomplished.
Raising a Series A is 80 percent about what you are and have been doing, and how that projects into the future, and 20 percent about your new ideas for the future.

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