that’s one hell of a series apic.twitter.com/Iez8I0PRAD
The names have slid. What used to be called a series A is now called a seed round, and what used to be called a series B is called a series A.
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but with old series a revenue metrics
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Also depends on vc hype factor. How many series A companies are rationally worth $250M+
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Inflation ;)
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Or is it the scale has become much bigger?
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all things tech have certainly become way bigger than we could have imagined so that makes sense! :)
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I’m looking for an early-pre-pre-seed myself.
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If you wonder why, here is their pitch to A16Z :) https://www.youtube.com/embed/4T_YP1n7kSE …
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oh i think it is but with it the size of the opportunities are increasing as well i don’t think anyone realized just how *big* of a success all of these companies in the last decade or so have been
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my guess: increase in opportunity size. software eating the world is no longer a conjecture, it’s proven and not slowing down anytime soon
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