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Fundraising Rounds Are Not Milestones

michaelseibel.com · 400 words · saved by 1 readers

When meeting with founders for the first time I sometimes hear, “We’re a Series A company.” Meanwhile, YC alumni I talk to tell me that their angel investors regularly ask them, “W

Fundraising Rounds Are Not Milestones Return to site Return to site Fundraising Rounds Are Not Milestones by Michael Seibel (originally published on Feb. 6, 2017) When meeting with founders for the first time I sometimes hear, “We’re a Series A company.” Meanwhile, YC alumni I talk to tell me that their angel investors regularly ask them, “When are you going to raise a Series A?”. I’d like to make the point that success isn’t the same as raising a round of financing. Quite the opposite: raising a round should be a byproduct of success. Using fundraising itself as a benchmark is dangerous for t

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