It's actually a good question. They say 1/3 of the batch should raise easily, 1/3 less easily, 1/3 will struggle.
It's also with which fund you are raising. There are many funds for sure, but raising with the top tier VCs is definitely not 1/3 or even 1/10 of the batch.
Anyways, hopefully, this article was useful to you :).
> It's also with which fund you are raising. There are many funds for sure, but raising with the top tier VCs is definitely not 1/3 or even 1/10 of the batch.
Do most top-tier VCs even do seed rounds? Surely some do, but there are many VCs (I think including some that are considered top-tier, at least in certain verticals) that focus on A and later.
Maybe it would help if they weren't all trying to raise at a 10-30M valuation when they're barely getting started. There's a lot of YC businesses I'd love to fund but where the economics are totally out of whack.
We (YC S20) had issues raising our round after demo day, a good number of investors we spoke with were series A focused while claiming to be "early stage" investors. Long story short, we ended up pivoting, considered the amount we raised (under $500k) as pre-seed, and now are actively moving in direction of profitability instead of taking outside capital.
Good for you. I am a bootstrapped founder and I still haven't seen the need for a seed round yet. Of course, we are growing slowly and organically but that's ok with me.
