There is perhaps no greater leap a startup can make from seed stage to seed round. Given how big a Series A downside can be, there are several guidelines available. But most of them seem a bit outdated in today's market. For example, the venerable rule that a startup must have $1 million in annual recurring revenue or its equivalent seems outdated today. After all, some companies have been able to raise money in recent quarters with smaller amounts, while others with larger funds have struggled to attract capital.
Join Alex Kayyal of Lightspeed Venture Partners, who will be coming to TechCrunch Early Stage 2024 to discuss how startups can avoid common pitfalls on the path to raising their Series A.
Not that raising a Series A round has ever been easy — how many times have we discussed the Series A crisis at TechCrunch over the years? A startup's first round is when the big dreams and potential markets directly collide with the venture's expectations such as repeat sales, CAC payback, and the like. It's like going from middle school to grad school in one jump.
So, bring a notebook because Kayal — formerly of Salesforce Ventures, and backer of companies like Gong and Algolia — brings his vision to our concerts. Naturally, as with all TechCrunch early-stage events, he'll answer questions live.
Ticket prices will increase on March 29. Book your tickets now and save $200 before we start pricing late tickets.
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