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

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…...