Very detailed analysis of what went into raising Parabol's seed round. Knew deals were less but were higher $s but this really shows how that impacts effort into fundraising by founders.
This is a fascinating and detailed analysis of what it takes to raise a seed round. Great reading for all founders/entrepreneurs. Some of the numbers are mind-bogglingly high, and go to show how much work goes into just the fund-raising part of running a startup.
I also find this line fascinating (as someone who works in a purely distributed company):
> many VCs had a complete change of heart on our market. In 2017 we kept hearing, “We’re skeptical the remote work market will ever be big enough.” By early 2019, our inbox was flooded by requests for meetings specifically citing how lucrative they believed the remote work market to be.
Insightful article with plenty of food for thought for founders! The data and analysis presented in the article would definitely help founders estimate the effort and time required to raise funds.
6 comments
[ 3.0 ms ] story [ 24.8 ms ] thread> many VCs had a complete change of heart on our market. In 2017 we kept hearing, “We’re skeptical the remote work market will ever be big enough.” By early 2019, our inbox was flooded by requests for meetings specifically citing how lucrative they believed the remote work market to be.