VC shares 5 tips for startup founders who are ready to raise their Series A round
Now you’re ready for more capital to supercharge that growth — it’s time to raise a Series A round. Here are tips from Boyer for founders that are looking to raise their Series A:It’s about the team: Some founders assume that once they hit $1 million in ARR there’s a “magic thing that happens where you raise a Series A.” That’s not how it works, Boyer said. Boyer seeks founders who have past experience that provided unique insights into the problem they are tackling. It’s also about the market: In addition to the quality of the founding team, Boyer prioritizes the size and opportunity of a market ahead of any metrics. “Be straightforward and have high integrity in what you’re showing investors,” he said.