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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    1. Naval‏ @naval 8 Apr 2016

      Naval Retweeted Semil

      In 2014, this was $1.99M. In 2010, $1.49M. In 2008, $0.99M. At what point do we just call it Series A?https://twitter.com/semil/status/718112440475455488 …

      Naval added,

      SemilVerified account @semil
      Funding Mason-Dixon line for seed stage co's is ~$2.9M. Raise more & expect extra suspicion or, at some firms, can be a deal-breaker.
      8 replies 23 retweets 84 likes
      Paul Graham‏Verified account @paulg 8 Apr 2016
      Replying to @naval

      @naval @pmarca You can't call it that, because "series A" is already taken as the new name for a series B round.

      7:11 PM - 8 Apr 2016
      • 2 Retweets
      • 20 Likes
      • Michael Babich Matthew Wong Nat Friedman Michael S Galpert Bill Morein Ruchit G Garg Mark Collier 柯理怀 Brian Chu Conor L. Myhrvold 🐘
      2 replies 2 retweets 20 likes
        1. Michael Babich‏ @MichaelBabich 8 Apr 2016
          Replying to @paulg

          @paulg @naval @pmarca Just call it series LOL or series HaHa round—anyway deal-breaker )

          0 replies 0 retweets 0 likes
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        2. New conversation
        1. Roger Ehrenberg‏ @infoarbitrage 8 Apr 2016
          Replying to @paulg

          @paulg @naval @pmarca For us, a Series A is the result of experimentation that demonstrates product/market fit and warrants expansion $

          3 replies 0 retweets 9 likes
        2. Roger Ehrenberg‏ @infoarbitrage 8 Apr 2016
          Replying to @infoarbitrage

          @paulg @naval @pmarca We generally look at companies that require <$5M to reach this point. In our experience this often happens in 2 rounds

          1 reply 0 retweets 3 likes
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