I think it's hard to say. On some level perhaps investors see it as a mere milestone along the way to PMF. There's still a lot of work (and in particular de-risking) still left to go
This blog would be a lot more insightful if raw numbers were included. Example: What is the mean, median Series A valuations and amount for Q1 and Q2 of 2024? I see plenty of over engineered graphs and % which are cool, but basic first principle data should be included.
* Most of the metrics graphed here are merely one number divided by another, so I'm not sure what you mean by "over engineered"
* The entire point of the essay are the ratios between these numbers, not the raw values themselves. The raw values are certainly valuable in general but are largely besides the point in this particular case. It's all about the relative here, not the absolute
Excellent post - found it incredibly insightful!
Insightful! So then, if investors no longer see series A as an indicator of PMF, what are their new beliefs about Series A?
I think it's hard to say. On some level perhaps investors see it as a mere milestone along the way to PMF. There's still a lot of work (and in particular de-risking) still left to go
Great post!
Thanks for sharing your thoughts
This is a really excellent post!
This blog would be a lot more insightful if raw numbers were included. Example: What is the mean, median Series A valuations and amount for Q1 and Q2 of 2024? I see plenty of over engineered graphs and % which are cool, but basic first principle data should be included.
Thanks Danial! I politely disagree:
* Most of the metrics graphed here are merely one number divided by another, so I'm not sure what you mean by "over engineered"
* The entire point of the essay are the ratios between these numbers, not the raw values themselves. The raw values are certainly valuable in general but are largely besides the point in this particular case. It's all about the relative here, not the absolute