Hunter Walk
Elliot Loh
@hunterwalk @jason that was like reading an earthquake survival guide that starts with the headline, "Plate Tectonics is a Non-issue".
"I'm telling you right now this is a complete non-issue." There Is No Series A Crunch by @jason http://blog.launch.co/blog/there-is-no-series-a-crunch.html …
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@hunterwalk@Jason my fav line Series A is for folks who don't make wee-wee in the bed..my angle here https://www.facebook.com/siliconvalleynetwork/posts/538786456132000 … -
@hunterwalk@jason absolutely not true: "VCs will fund any company with a Series A if they are making $2,750 a day." -
Well
@eyedar@hunterwalk if you find startups with $1m in revenue who can't get a series a being them to me! -
@Jason if a startup is doing $1m in revenue - it deserves VCs should go to it. -
@Jason@eyedar@hunterwalk sigh. that doesn't invalidate the series a crunch. it's basic math. do you have a ton of vcs we don't know about? -
@sarahcuda@Jason@eyedar@hunterwalk u can totally argue the strongest will get funding. pretending it's not an issue ignores math/reality -
@sarahcuda@Jason@eyedar@hunterwalk you can argue it's a *good* thing too. but reality is reality. there isn't capacity for 2000 series As -
@sarahcuda@Jason@eyedar@hunterwalk u don't help entrepreneurs by making shit up. they need to be prepared and smart abt raising $ this yr -
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@Jason@eyedar@hunterwalk Most $1M revenue co's not interesting to VCs. Depends on market, growth rate, margins. No shame in bootstrapping -
@ProfessorVC will we see more tech 'startups' operate as SMBs? ie loans/low funding, ongoing cash dividends, late (if ever) liquidity? -
@Jason@hunterwalk found one! Didn't even have to put socks on. -
@sarahcuda@jason@eyedar@hunterwalk Evolution is good. Extinction is bad. Question is what degree in between do we face -
@ProfessorVC@jason@hunterwalk this is exactly the point and why not all cos making $1m are venture fundable -
@hunterwalk Yes. Entrep should always choose funding model that fits personal goals. Most companies should never raise VC#jewstweetonxmas -
@sarahcuda@jason@hunterwalk doesn't invalidate it, but does it matter? Either you'll get funded, sustainable on own, or die. -
@eyedar@jason@hunterwalk When I was with angel group, we saw 5-10/month with $1M/month revenue and no VC interest. Hard to sell also -
@sarahcuda@jason@hunterwalk I just don't think it matters. Businesses fail all the time for lots of reasons. -
@eyedar@Jason@hunterwalk if you are one of the ones dying, it might matter to you ;) 1000+ companies going under is "a thing"
John Furrier
Ali Aydar
jason
Ankit Maheshwari
Sarah Lacy
Steve Bennet
Danny Boice