Startups · Entrepreneurship

Is the Series A crunch going to get worse?

Ryan Thompson Commercial Real Estate Agent at Stidham Commercial

September 21st, 2016

With all the new seed funding sources and entrepreneurship becoming something trendy I fear that more startups will jump off a cliff without the required investment to help them survive and thrive. What do you all think? Is it going to become even harder to raise a Series A? It is well known how VCs like Accel and Sequoia are now putting tickets of $10M and up on Series A which used to be a Series B back in 2005...

Andrea Raimondi Computer Software Consultant and Contractor

September 21st, 2016

If by "getting worse" you mean that fundamentals will be ever more important... I really hope so!

Mike Robinson

September 21st, 2016

If you don't have a background in whatever field you are presently managing, then you need to be exceptionally adept at listening and building trust. 

Recognize for yourself (and be clear with others) that your role is to make the right business calls to guide the company to maximal value based on the resources available. You will be reliant on others to offer domain expertise (as we all are). You will need to listen hard and sift all the info (and the BS) that people throw at you, then make a business decision to go down path A, B, or C in terms of technology stack, feature set, and delivery dates. 

Mitch Harris VP of Data Engineering at Beacinsight, Inc.

September 21st, 2016

"best way to be an effective leader with teams of engineers? Especially when you don‘t have a technical background…"

To Irwin's point, you don't -have- to have the industry background if you have strong people with you that do. But it still helps.

Irwin Stein Very experienced (40 years) corporate,securities and real estate attorney.

September 21st, 2016

There is more money available today for startups than ever before. Money will tighten up when the broad market corrects which a lot of people believe is just around the corner.  You lead should lead a team of engineers in the same way that you lead anyone else.  Devise a game plan and timeline with their help and encourage them to stick with it.  Hospital administrators are not always doctors. A good executive can move company to company and indistry to industry.

Rod Abbamonte Co Founder at STARTREK / @startupHunter / @startupWay / @CoFounderFound / @GOcapital / @startupClub / @lastminute

September 22nd, 2016

It's easier raise $100M than $1M.