Nikhil Basu Trivedi Asks What’s Up with the Series A?

Nikhil Basu Trivedi takes a look at the current trends in Series A rounds where we’re seeing both a rise in ‘mega’ A rounds ($10M+) and a crunch.

Companies with factors such as traction as exhibited by usage growth or revenue growth, or an all-star team, or an insanely compelling story are raising larger Series A rounds than in the past. But companies without such momentum are finding it harder to raise a Series A, often having to raise smaller Series A/“Seed+” rounds, or bridge rounds, or facing the reality of having to shut down.

You can read the full article here.