Terminology and norms for funding rounds are constantly shifting. Here’s a “state of the raise” for early-stage fundraising in 2020. While it’s hard for us to predict how further macroeconomic changes will play out, the early-stage market has rebounded from any COVID-related effects, at least for the moment.
Here are the 4 boxes that might be checked during each stage of an early stage fundraise (not necessarily in order). Each of them is key questions around the fundamental feasibility of the company:
- Team
- Market
- Product
- Repeatable Traction