Pre-Seed: 5 Practical Things To Do When It’s Just You And A Startup Idea

3 min read

The nomenclature has got very muddled — why is a company raising a $10M called seed but another raising a $5M is series A? The framework below is grounded on the thinking that what you call a round is not about the amount but what you use the cash for: Pre Seed : Powerpoint Seed : Prototype (and you can call it late / mature seed if there is a pipeline / pilots) Series A : Product-Market Fit Series B : Business Model Traction Series C and beyond: Growth, mostly organic and sometimes through acquisition If you are at the…...

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Amit Garg I have been in Silicon Valley for 20 years -- at Samsung NEXT Ventures, running my own startup (as of May 2019 a series D that has raised $120M and valued at $450M), at Norwest Ventures, and doing product and analytics at Google. My academic training is BS in computer science and MS in biomedical informatics, both from Stanford, and MBA from Harvard. I speak natively 3 languages, live carbon-neutral, am a 70.3 Ironman finisher, and have built a hospital in rural India serving 100,000 people.