Garuda Ventures reposted this
Last week Arpan and I, together with our friends Sarah and Somrat at Recall Capital, hosted an event to kick off the Fall alongside founders, food and drink. I had the pleasure of moderating a panel discussion with some close friends and active Series A investors, Anish Acharya at Andreessen Horowitz, Sara Ittelson at Accel, and Alexander Niehenke at Scale Venture Partners to get their thoughts on the market today and how founders should look to "cross the Series A chasm". Some key takeaways from our discussion for founders out there: - 📈 There is optimism in the market: It's not all doom and gloom, good deals are still getting funded, everyone is excited about what products are being built. The big question for investors is opportunity cost - 🤝 Build relationships early: If you can, choose three to five investors you would be thrilled to have lead the round and, assuming mutual interest, get to know them over time - 🤑 The “texture” of the numbers matter more than the numbers themselves: How you articulate your numbers and their quality to help investors appreciate what they represent about the potential of your business is critical - 🤖 It’s not all AI, but you should be talking about it: You don't need to be AI-native to get funded, but you need to know how AI will impact your business and market For a full recap on what it takes to raise your A, including a few tips on how to run better process, click the link below!